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11-05-2015, 12:51 AM #1
COJ certainly helps as a scare tactic for many merchants.
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11-05-2015, 08:05 AM #2
Reputation points: 10944
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The biggest issue is that you have funders trying to enforce them on merchants that don't have a pot to piss in or a window to throw it out of. A Lot of the need for COJs can be eliminated with more diligent underwriting and making sure that the money given to the merchant is going to help not hurt.
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