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extend credit to customers
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BLOOMINGTON -- McLean County officials, unhappy with bookkeeping in the county recorder's office, are considering revoking that office's ability to extend credit to customers. Matt Sorensen, chairman of the county's finance committee, said the county board granted the right to extend credit, which isn't guaranteed to the office by state law, eight years ago.
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In today's highly competitive, global economy, companies cannot afford to pass up any viable business opportunity. Most commercial transactions involve the extension of credit from the seller to the buyer. However, making decisions to extend credit to business customers involves taking a risk. Fortunately, credit professionals can rely on credit reports provided by the National Association of Credit Management (NACM) to provide them with the financial information they need in order accurately determine credit risk. The NACM customer databases are updated on a timely basis, some as often as once a day. This process ensures that the information contained in an NACM credit report is as current as possible.
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BLOOMINGTON -- McLean County Recorder Ruth Weber, who may lose her ability to extend credit to certain customers, is not alone in allowing the practice. Other Central Illinois recorders provide the service, although the duration of credit and eligible customers vary.
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... B: Before Offering Services to My Customers. : Collecting Transportation Charges. 375.219 - M...
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Dell Inc., the world's second-biggest personal-computer maker, agreed to buy CIT Group Inc.'s 30 percent stake in their financial joint venture for $306 million, taking control of its lending to customers. The companies formed the venture in 1997 to extend credit to U.S. Dell buyers, according to a statement Thursday. The business, called Dell Financial Services, has a portfolio of more than $4.5 billion and has helped consumers and businesses make $18 billion in purchases, according to its Web site.
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... Scully, director of Discover's business credit card. "Nearly a third of small business owners tol...The number of small business owners who extend credit to their customers has dropped: 27 percent ...
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... announced that the FHL rules would be extended to cover holiday lettings of properties situated e... a business is collecting money from customers. All businesses must get cash flow management righ...Most businesses extend credit to customers and so accept a risk. There is always...
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...* The Credit segment continued to demonstrate improving trends ...Nordstrom also serves customers through Nordstrom.com and through its catalogs. Ad... and regulations impacting our ability to extend credit to our customers; impact of the current reg...
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The Commodity Futures Trading Commission (``CFTC'') and the Securities and Exchange Commission (``SEC,'' together with the CFTC, the ``Commissions'') are jointly issuing proposed rules and guidelines to implement new statutory provisions enacted by Title X of the Dodd- Frank Wall Street Reform and Consumer Protection Act. These provisions amend section 615(e) of the Fair Credit Reporting Act and direct the Commissions to prescribe rules requiring entities that are subject to the Commissions' jurisdiction to address identity theft in two ways. First, the proposed rules and guidelines would require financial institutions and creditors to develop and implement a written identity theft prevention program that is designed to detect, prevent, and mitigate identity theft in connection with cer...
... with respect to account holders at, or customers of, such entities, and update such guidelines as o... (``ECOA'') (i.e., a person that regularly extends, renews or continues credit,\36\ or makes those ar...
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... any money, securities or property (or extend credit in lieu thereof) to margin, guarantee or seecure any trades or contracts of customers or option customers, or any money, securities or p...
