Organizational Communication Is There Justification For Positive

Yes there is always a reason why your credit can be refused and this will not mean that you would lose on your good will. We must understand that credit facility is matter of undergoing rigorous checks and understanding of how good is a persons repayment capacity. Though we might not sell the reader but at the same time we cannot put the bank or financial institution at stake. A positive refusal letter can actually create an impact on the borrower by making him understand the fact that why was the loan rejected on certain grounds, plus what he needs to do next time to get better loan facility. Now every positive refusal does not mean wading away the customer, it means on a ground level you have understood the basics of investigating a person financial history and provide lending based on that. Similarly good will of an organization is that intangible asset which needs to be maintained at any cost, so just because the person is not going to be happy by refusal or the sales is not happening we cannot refute to defend our good will. A companys image is held high because of the good will and