I work in the Merchant side of the industry. You'll need a bank that backs the line of credit. Each bank is going to have its own underwriting rules. Your online app would have to do whatever it takes to satisfy those guidelines, and then give an approval based on that.
Edward A Savage Jr - "Sonny" Senior Software Engineer Creditdiscovery, LLC "I believe in getting into hot water; it keeps you clean." ~ GK Chesterton On Tue, Oct 28, 2008 at 11:25 AM, ColdFusion Developer <[EMAIL PROTECTED]>wrote: > Hi all, > > I had an interesting request from a client and I'm not finding much info > out there on what the client needs. > > Without going into too much detail (love those NDAs!), the client wants to > offer instant-approval lines of credit to Web site visitors. In essence, the > thinking is: visitor goes to the site, enters info on a credit app, and > either gets approval for a set amount of credit or doesn't. > > My question: What service does the client need to approve those credit > apps? A regular merchant account or something else? > > I've helped set up regular merchant accounts for e-commerce but have never > dealt with this area before. > > Thanks in advance for any and all input! > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;207172674;29440083;f Archive: http://www.houseoffusion.com/groups/cf-talk/message.cfm/messageid:314431 Subscription: http://www.houseoffusion.com/groups/cf-talk/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.4
