[SmartAdvanced]

not at the high risk funding shops. I think your numbers are way off. I also think it is a security blanket that many funders have gotten used to and when it goes away it will have a big effect

1% of money is collected through COJs

85% through regular payments
14% through other methods

[Michael I]

1% of money is collected through COJs

85% through regular payments
14% through other methods

the question is on the 85% how many continued paying because they signed a coj?I recently saw a merchant that had 5 positions and only defaulted on the 2 that did not have a coj.

[cmarks]

the question is on the 85% how many continued paying because they signed a coj?I recently saw a merchant that had 5 positions and only defaulted on the 2 that did not have a coj.

So youre saying that if merchants were defaulting on the ones without COJs, then all those funders not using COJ have it backwards? 1 file isnt a sample size. Funders need to stay below about 12% default rate, with or without.