Where its attached to the limb will affect vertical tears. For example if I have a bow tearing tail high I can move the cord toward the limb pocket to help correct this. Opposite for a low tear.I don't think where it comes up is the issue, as long as it is all the way down at rest, and all the way up at full draw. I've run it to come up almost immediately in the draw cycle, and right at the end. We had a big discussion about this in a thread last year.
If you're worried dabout contact, get some powder or lipstick and just test it.