On Tue, Oct 28, 2008 at 12:26 PM, ColdFusion Developer <[EMAIL PROTECTED]> wrote: >> Are you looking for an actual credit-check service with an API? or are >> you looking for the bank that would actually back the credit line? >> > > That's a very good question. I'm not sure my client really knows which one is > needed and I have absolutely no knowledge of how this process works ... so my > answer is "Dunno!" > > The client's exact words were: "I want visitors to fill out a form and submit > it and get approved for a line of credit they can use to pay for services on > my site." >
I think the first thing you need to figure out with the client is if the client is providing the line of credit (I'll give you $500 store credit with a 15% APR) and he just wants to establish a credit score for the customer or whether he wants someone else to provide the line of credit (i.e., a bank). In the first instance, I'd make sure that lawyers were contacted first as dealing with credit history can be touchy. Then I'd look into api's from the three major credit agencies and make sure that the client understands that he'll probably have to pay for each credit check run. In the second case, have him talk to his bank. Chances are that in this current business climate the answer is going to be "hahaha...fat chance". But the willingness of his bank to give loans to his customers is going to be an issue before anything technical comes up. Judah ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| 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:314458 Subscription: http://www.houseoffusion.com/groups/cf-talk/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.4
