Credit worthiness - direct sources of information
ID:CVCWD
Video Overview
Credit refers to the purchase of goods or services where payment is deferred to a later date. Credit management is the procedures put in place to control and collect payments from debtors. It is the job of the credit manager to access the credit worthiness of all potential customers to see if they are able to pay back any future debt. Information relating to the credit worthiness of the customer must be gathered in order to make a decision. There are direct and indirect sources of information. In this tutorial we will discuss assessing a customer's credit worthiness using direct sources of information.
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