Posted By: Florist Gump
Don't decline due to covid19 - 04/17/20 06:50 PM
Greetings all,
I was instructed by upper management that declines due to covid19 are not acceptable because it is currently affecting everyone. Secondly, denying due to "unfavorable economic/industry conditions" is also unacceptable due to it's broadness and lack of specificity. (§1002.9(a)).
Declines should be due to specific reasons like "unable to verify income" (one example) or due to moratorium, if that's the case.
Thoughts?
I was instructed by upper management that declines due to covid19 are not acceptable because it is currently affecting everyone. Secondly, denying due to "unfavorable economic/industry conditions" is also unacceptable due to it's broadness and lack of specificity. (§1002.9(a)).
Declines should be due to specific reasons like "unable to verify income" (one example) or due to moratorium, if that's the case.
Thoughts?