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  1. 01-05-2017, 10:21 AM #1
    Funder Mark
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    Quote Originally Posted by Vfunding View Post
    An interesting stat is the % of defaults that occur in the first 30 days. We call these hit and runs.
    I had an $85k car dealer default in the first week.
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  2. 01-05-2017, 10:26 AM #2
    MCNetwork
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    Quote Originally Posted by Funder Mark View Post
    I had an $85k car dealer default in the first week.
    These big hit and run guys are the reason you can't offer low rates. Just a handful of these scam artists can really screw a funder's portfolio.
    Archie Bengzon
    Jumpstart Capital
    archie@jumpstartcapital.biz
    www.jumpstartcapital.biz
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