Lending Quality Improvements
Every credit union has a loan quality assurance program to keep delinquency under control. However, one facet of lending that sometimes gets less attention than it should is loan quality. Loan quality is always assumed in lending discussions, but loan quality may not always be given the same emphasis as loan volume throughout the lending process. Lending quality control is a process, not an event. See the Strategic Mark article on this topic, and then contact Strategic Mark to learn how your lending program will benefit from a better quality control process.
