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01-13-2016, 12:30 PM #1
ISO's: is a false promise to sell a $20k deal worth ruining lender relations?
Originally Posted by rep
I run into this all the time and the deal usually goes bad, the ISO will tell the merchant that if he takes the money the lender will reduce the payment or refinance the advance after 1 month, YADA YADA YADA..... even when he knows it's not true.
is it worth losing a client and ruining a relationship with a funder over 1 deal and possibly have your comm. clawed back, because you don't want to work hard enough to earn your take?Anthony Diamond
Underwriter
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01-13-2016, 02:03 PM #2
in this internet age/instant gratification world we live in?
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