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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Developer Ginn faces default on Quail West, three other resorts
In a brutal market slump, Ginn Cos. is struggling to pay off the debt it owes on four high-end resort communities, including Quail West in North Naples....
7/19/2008 12:41:00 AM
naplesnews.com Stories: Business news
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