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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NZ dollar dips ahead of rate call, debt softer
WELLINGTON, July 18 (Reuters) - The New Zealand dollar<NZD=> settled back above 76 U.S. cents on Friday as investorssold ahead of next week's central-bank rate decision, and theU.S. dollar gained on lower oil prices and firmer stocks. The kiwi, which had spent much of the week around six-weekhighs, fell more than a cent in the offshore session to a lowof $0.7588 in the face of a stronger U.S. dollar, along withthe risk of a cut in New Zealand interest rates....
7/18/2008 5:24:01 AM
Market news | ninemsn Money
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