Decisioning Statement
What is decisioning and why is it important?
In the financial sector – especially at banks and credit card companies – expedited decisioning is needed to notify customers and clients if they qualify for a loan or credit.
The credit decisioning process if a critically important step because a poor decision to extend credit can result in an eventual default – which necessitates writing-off the loan and thus a decrease in the business’ profitability. However, an overly stringent credit decisioning process will result in too little lending as well as missed opportunities to lend at more lucrative rates.
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HSN gets debt commitments for spin-off
HSN has entered into an agreement for the sale of $240 million in senior unsecured notes, a step needed in IAC/InterActive Corp.'s plan to spin off HSN as an independent publicly traded company. (IACI)
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7/18/2008 8:44:26 PM
Tampa Business News - Local Tampa News | The Tampa Bay Business Journal
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