Monthly Archives: December 2011

Creative Credit Policies in an Economic Down Turn

Posted by on December 13, 2011 at 4:46 pm.

We find ourselves asking different types of questions like “How can we” instead of “Who should we.”
Our education and experience tell us that as creditors and collectors, we can’t have a lenient credit and collection policy. Credit policies and procedures should be stringent and well researched. There must be a careful evaluation of a company’s ability to pay back the amount of credit we have entrusted to them.