Results 1 to 11 of 11
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10-09-2015, 04:53 PM #1
- Join Date
- Sep 2014
- Posts
- 263
Bfs - and new iso agreement
What do you all think about BFS new ISO agreement where it demands the right to pull your credit report personally anytime they wish and be able to share your personal credit with courts and marketing companies?
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10-09-2015, 05:54 PM #2
They are nipping the issues in the bud, unlike On Deck that dealt with the fallout afterwards in the press. They are definitely getting ready to go public
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10-09-2015, 08:25 PM #3
- Join Date
- Oct 2015
- Location
- Brea, California
- Posts
- 88
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10-09-2015, 09:57 PM #4
- Join Date
- Jul 2014
- Posts
- 1,746
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10-09-2015, 10:53 PM #5
- Join Date
- Apr 2015
- Location
- Florida, First MCA sold in 85/ WS in 76. CFP/RIA, series 3,6,7,8,10,63,Ins218,220.
- Posts
- 554
Gosh, you must be in Miami downtown.
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10-09-2015, 11:41 PM #6
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- Jul 2014
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- 1,746
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10-10-2015, 02:47 AM #7
- Join Date
- Apr 2014
- Posts
- 781
oh the iso are the issue huh..how bout lenders who sell the deal to s friend etc. which bfs has done already. there are plenty if Iso out there who will easily find a home for a deal still. while we are at it..lenders payback is.bordeline extortion..yet the Iso sales guy us the ussue?
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10-10-2015, 09:21 AM #8
- Join Date
- Oct 2014
- Posts
- 257
Bfs - and new iso agreement
Hahahaha "lenders payback is borderline extortion"....buddy when you have 15 points in a deal what do you expect. Bfs is doing the right thing that will better protect their investors. How can they rip a commission back if you have no credit? Now they can sue you when you stack behind them, double fund, manipulate bank statements...etc. hopefully this is the start to push the losers out of this industry.
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10-10-2015, 08:35 PM #9
- Join Date
- Apr 2014
- Posts
- 781
while we are at it..how about the lenders who give a 3rd or 4th advance to merchant..does that ever help the merchant..also get advamce and start repaying next day..there are many issues out there not iso. ok run credit..shop owned by guy who is 740 credit n sales guy is the issue..next
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10-11-2015, 04:10 PM #10
- Join Date
- Oct 2014
- Posts
- 257
Bfs - and new iso agreement
^i bet you voted for Obama
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10-13-2015, 01:09 AM #11
- Join Date
- Apr 2014
- Posts
- 781
corky
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