Speaking of 36 month terms at CAN, I had a merchant come to me wanting a 2nd position behind CAN. When I looked at his statements I noticed he had been on reduced payments with CAN for months. His payment would revert to the original payment after a while, and then he would get another payment reduction a few days later. Long story short, when I did the math, at the current rate CAN was turning an 18 month term into a 36 month term through payment reduction. If this was wide spread (and I have no idea if it was, but this was a merchant that was failing, who was being rewarded with a de facto "prime" product) then I can understand why CAN is in this mess.