On another note, has anyone put in money on MM? Is there a high default rate?

I put into a couple deals, and over half defaulted and the other was missing payments for weeks at a time. It was a small sample size so I know that I couldve got unlucky.
I feel like they need to be more transparent on the soft collections side, and give updates into whats going on in the deal. Not just show that a payment bounced.
Showing transparency shows me that they are actually bouncing and not just MM telling me its bouncing so they can take the money and use it and eventually pay it back in my account in 3 weeks. basically acting like a no intrest loan.

Im not accusing... Just thoughts in my head