Senator Obama loses Jim Johnson today due to the digging into his personal and financial life, succumbing under the pressure of exposing everything, Johnson resigns. It seems Republican criticism of his home mortgage deals became a distraction for Johnson.
As a business owner trying to survive this economy you must dig into your customers personal and financial life in order to extend credit and in some cases do business with them. When a customer fills out a credit application they provide you with exactly this type of information that you need in order to make an educated decision on if you can extend credit or loan them money.
Checking credit (digging into) each customer helps to ensure you will get paid and protects you and your business.
Don’t let this happen to you, start using credit applications today!
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