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St Louis And the "Y" Class credit...What do you all think of that?

h8rsnv

Apr 12, 2006, 8:18 AM
Since they revamped the whole credit system everything had been going well. M02 got the best part of the deal with only L & M requiring deposits (and low ones at that). I am curious if there are any ST Louis reps here and how you all deal with the new Y class credit, and the $600 X class
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daddydogg_00

Apr 12, 2006, 9:53 AM
With Alltel Y class means it was a write off and it is pending information. Maybe LOL.
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h8rsnv

Apr 12, 2006, 9:55 AM
with us it is a specified cellular credit risk and requires a $400 deposit
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alejandro

Apr 12, 2006, 1:15 PM
haha thats messed up, considering there is only a 100 deposit for x here.
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Kneebreaker

Apr 14, 2006, 8:27 AM
No this is a great thing! Anytime you open a new market you are taking a acceptable risk and when you institute a credit policy you factor in that risk. In your first two years you want a lot of customers, good customers preferably. But St. Louis we got a lot of customers, but unfortunately a lot of bad customers and some fraud too. So by enforcing a tougher credit policy we can hopefully eliminate some of the bad debt and churn.
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alejandro

Apr 14, 2006, 10:01 AM
yeah, i cant really speak to other markets because fraud out here is not that high.
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h8rsnv

Apr 14, 2006, 10:07 AM
You are in market 1 right? Most of our fraud comes from M06 & M03 St Louis. The least from M05, and M03 New England. almost %18 of the new accounts in STL have already been deemed fraud...The number is still climbing. 😈
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