Product Services. New Account Processing – Receipt and processing of applications received via mail/fax/electronic. – Credit scoring and adjudication in accordance with Bank credit criteria. – Application exceptions will be referred to appropriate Bank representative. – Approved accounts will be established on account processing platform. – Declined accounts will be sent adverse action letters.
Appears in 4 contracts
Samples: Service Agreement (World Financial Network Credit Card Master Note Trust), Fourth Amended and Restated Service Agreement (Alliance Data Systems Corp), Service Agreement (WFN Credit Co LLC)