[BB_Cooper]

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

What type of high risk offers are going to disappear, if a COJ isn't an option?

Seems like there is still a lot of high risk offers out there where the risk model isn't built around the COJ.

[J.Celifarco]

What type of high risk offers are going to disappear, if a COJ isn't an option?

Seems like there is still a lot of high risk offers out there where the risk model isn't built around the COJ.

there are a couple of funders who do high risk deals without a COJ but not many. I personally dont think you will see anymore of the crazy 6th 7th 8th position deals. If collections is going to be based on UCC's like it used to be before COJ's came into play companies will not be able to do these type of deals, the risk will be too high

[NoBigDeal]

there are a couple of funders who do high risk deals without a COJ but not many. I personally dont think you will see anymore of the crazy 6th 7th 8th position deals. If collections is going to be based on UCC's like it used to be before COJ's came into play companies will not be able to do these type of deals, the risk will be too high

and FORGET about those who are proud to fund DEFAULTS!!!!! that'll go away too

[J.Celifarco]

and FORGET about those who are proud to fund DEFAULTS!!!!! that'll go away too

100% true on this