Quote Originally Posted by Michael I View Post
guy has sub 500 credit which means that he never pays anything , yet you will give him an advance . But once one of the things is a competitor its a whole new game and even with 800 credit no one will fund . if he paid at the end of the day what's the difference
We fund 30+ deals a week that are under 600 CS that function well. I have been arguing for years that most people that default on lines of credit do so because they ha(ve)d to "send the check", and with our model of daily deduction they seem to not miss a beat.