Increased application resubmission

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Reference no: EM133172046

The system and procedures for issuing lines of credit to customers is leading to increased application resubmission. The objective is to reduce inefficiencies and inadequacies in the loan process from origination to approval for each customer. Therefore, reducing unnecessary costs and customer frustration that results from erroneous application submissions.

A proposed research question is 'What are the factors affecting the loan application process and to what extent are these factors impacting the failure in application completion?"

Is this a good problem statement?

Reference no: EM133172046

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