[AndyYSCISOdept]

someone who had a hard time but still paid is very different then someone who just defaults

Agreed, at the end of the day if my 6 month deal takes 8 months to pay, he is still a winner, and here is why, if he hits a rough patch in the middle of month three and asks me to suspend payments for 3 weeks but then gets back on track, that's a hell of a lot better than a merchant who starts boucing I got to call 110 times to find out whats up and then they ask for reduced payments.

I still made 28% on my mony in 8 months regardless. Sop lets all ease up on the D word.

[BB_Cooper]

Agreed, at the end of the day if my 6 month deal takes 8 months to pay, he is still a winner, and here is why, if he hits a rough patch in the middle of month three and asks me to suspend payments for 3 weeks but then gets back on track, that's a hell of a lot better than a merchant who starts boucing I got to call 110 times to find out whats up and then they ask for reduced payments.

I still made 28% on my mony in 8 months regardless. Sop lets all ease up on the D word.

Well said Andy!! When talking about D paper, the "D word" is a relative term. If an underwriter is not taking the time to look at the full repayment history D'd file, they risk throwing the proverbial baby out with the bath water-



Robert S Bloink
EVP of ISO Partnerships
Direct: 248-341-9477
Email: bb@cooperasset.com
Web: www.cooperasset.com

[Powerline_factor77]

Good Point Andy on this scenario. Statements and Payment History are always a sure thing...