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04-24-2014, 06:17 PM #7
during the financial crisis, UCC hunters were calling and saying:
"your current company [went out of business] [is shutting down][is not funding anymore][wishes they never got involved in this stupid industry] and we're in charge of your account going forward."
With so many ISOs and funders closing their doors or turning off funding, it was really easy for merchants to fall for. It was a feeding frenzy.
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