Quote:
Originally posted by Dravyk@Dec 31 2003, 12:44 PM
Anyone know the dealio with these guys? http://www.cnwb.com
Yeah, I know it's some kind of cobranded card, but specifically this part (taken from their site): "Merchants can now make money from their declined transactions." http://www.cnwb.com/site/merchant/idv.html
Am *I* missing something there or does that whole "loan" to surfers thing just sound screwy to you???
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A little birdie told me the collection rate a couple months back on that and yep, it sounds really screwy... but I dont have any recent data to compare to --
sarettah, let me know if you need any help.
12-31-2003
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