[WhoisKingsley]

As customer acquisition costs continue to increase, it gets harder and harder to find merchants without a huge marketing spend. That's why the 1.15 buy rate guys can't last very long...

Not only that- but the fact that there is a larger/quicker return on the higher risk/short term products is one thing people need to understand. The syndication and investment coming in sees HUGE dollar signs on this aspect and a 1.15 is NOT the appetite.

and 100% correct - Your 1.15, A/B quality, 1st/2nd, and longer term paper is struggling for many different reasons. You really have to understand the in depth of everything to really see what is happening here and how the mass market (broker market) can really turn things around.

[Funder Mark]

Not only that- but the fact that there is a larger/quicker return on the higher risk/short term products is one thing people need to understand. The syndication and investment coming in sees HUGE dollar signs on this aspect and a 1.15 is NOT the appetite.

and 100% correct - Your 1.15, A/B quality, 1st/2nd, and longer term paper is struggling for many different reasons. You really have to understand the in depth of everything to really see what is happening here and how the mass market (broker market) can really turn things around.

Not always is there a high return, I just had a $55k deal go bad after 3 payments.

[NewFunder80]

Not always is there a high return, I just had a $55k deal go bad after 3 payments.

Mark,

Seriously? That sucks. Do you plan to continue?