It Takes 'Courage' To See Folks As More Than Just An 'Application'

Bartlett, Michael
June 2011
Credit Union Journal;6/27/2011, Vol. 15 Issue 24, p48
Trade Publication
The article reports on the assertion of Rex Johnson, founder of Lending Solutions in Elgin, Illinois, credit unions (CUs) have made a common mistake by denying members' credit applications and credit scores without knowing their members on a personal level.


Related Articles

  • Some Lending Advice From Patch Adams. Diekmann, Frank J. // Credit Union Journal;09/04/2000, Vol. 4 Issue 36, p8 

    Highlights the message imparted by Lending Solutions Inc. head Rex Johnson to the World Council of Credit Unions' International Forum 2000. Importance of attitude of credit union employees to members who are applying for loans; Showing of film clips from the motion picture 'Patch Adams,'...

  • Charge-Offs, Competition Inspire SELCO Resolution. Carlson, Tina // Credit Union Journal;1/7/2002, Vol. 6 Issue 1, pN.PAG 

    Provides information on the 2002 resolution of SELCO Credit Union. Training loan officers by Rex Johnson and Lending Solutions Inc.; Implementation of incentives for employees; Tip in making the loan to be bankruptcy-proof.

  • LSI Processes Two-Millionth App.  // Credit Union Journal;12/27/2004, Vol. 8 Issue 52, p9 

    The article reports that Lending Solutions Inc. is reaching two-million mark for loan application. It took the company, founded by Rex Johnson, nearly seven years to process its first one million applications, hitting that mark in 2001. In just half that time, it processed its second one million...

  • Credit Score Enhancement Builds Member Loyalty. Dernovsek, Darla // Credit Union Executive Newsletter;2/9/2004, Vol. 30 Issue 3, p2 

    Focuses on the significance of credit score enhancement for member loyalty. Comments from Rex Johnson, president of Lending Solutions Consulting Inc., on the advantage of dispensing credit score enhancement; Tips for credit score improvement provided by loan officers at Novartis Federal Credit...

  • Give Lending A Hand. Bartlett, Michael // Credit Union Journal;1/15/2007, Vol. 10 Issue 2, p1 

    The article focuses on the issue of lending and taking risks by the credit unions of the United States. Rex Johnson of Lending Solutions opines that the unions face problems because their deposits are less and they go only for secured loans. The article evaluates the strategy of risk averse...

  • 2004 QUOTE UNQUOTE.  // Credit Union Journal;1/29/2007, Vol. 10 Issue 4, p24 

    The article presents quotes from people in the financial services industry in the U.S. Michael Flahety describes information technology security. Rex Johnson mentions how credit unions are getting out of the credit card business. Former National Credit Union Association chairman Norman D'Amours...

  • Far West Bond-Watch. Finestone, Deborah; Williams, Rochelle // Bond Buyer;9/13/2002, Vol. 341 Issue 31470, p33 

    Reports developments related to bonds in the U.S. as of September 2002. Request of constitutional spending gap by gubernatorial candidate Fran Ulmer; Sale of general obligation re-funding bonds by the city and county in San Francisco; Selection of Rex Johnson to the position of executive...

  • CREDIT UNIONS.  // Las Vegas Business Press (10712186);2009 Book of Lists, p70 

    A list of the top credit unions in Las Vegas, Nevada for 2009 ranked based on the number of local members is presented, including Nevada Federal Credit Union, Silver State Schools Credit Union and WestStar Credit Union.

  • Show your passion for CUs. Mica, Daniel A. // Credit Union Magazine;Sep2000, Vol. 66 Issue 9, p10 

    No abstract available.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics