Decisioning Statement
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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DRS Technologies contemplating deal
DRS Technologies Inc., the parent company of DRS Power & Control Technologies in Milwaukee, said in a statement Thursday that it is contemplating a "potential strategic transaction" involving the company. (DRS)
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5/8/2008 5:19:10 PM
Milwaukee Business News - Local Milwaukee News | The Business Journal of Milwaukee
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