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07-23-2013, 09:22 AM #11
- Join Date
- Jun 2013
- Posts
- 351
I have to say these numbers are going to vary more by your lead source(s) than they are of the funding companies you use. We have several lead sources that yield 80% approvals but only 30% closure rates while others are in the 50% approval range with 50-70% closure rates.
Based on my experience, 10-25% approval rates based on SUBMISSIONS is really low, i.e. UCC lists which we stopped using years ago. Now if you are getting approvals on 10-25% of your LEADS things are working for you.