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Post by gidoppp01 on May 27, 2017 7:09:21 GMT
I look at the loans on Ablrate, I couldn't figure out why there are so many loans involved many different companies but the same director.
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blender
Member of DD Central
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Post by blender on May 27, 2017 20:14:30 GMT
Presumably because the sourcing of the loans relies on personal relationships. This is good in the sense that Ablrate has a established relationship of trust with the source, rather than someone who has gained the consent of a computer, but bad in that the scope for common mode failure, and the consequence of it, is increased. I am sure this is being worked on and hope there is some independence in the new loans coming. Meanwhile, the charge on good security is particularly important, imo.
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