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A credit policy is a clear, written guideline that is set by the lender about the terms and conditions of the loan, the customer qualification criteria and procedure for making collection.
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What is the optimum credit policy?
The Optimum Credit Policy is a policy that is applied if you have a near perfect credit rating. Most people strive for an Optimum Credit Policy.
What is the advantages and disadvantages of credit policy?
advantages of credit policy
What policy concerns banks credit and currency?
monetary policy
What are the risk-return tradeoffs associated with a more liberal credit policy?
A liberal credit policy may attract people who don't have enough money to make their payments. With a liberal credit policy, a business will have to have a strict collection department.
What is the effect of credit policy on performance profitability and liquidity?
The credit policy generally demands payment. Working class professionals will generate more money in order to sort out credit requirements.
What is the optimum credit policy?
The Optimum Credit Policy is a policy that is applied if you have a near perfect credit rating. Most people strive for an Optimum Credit Policy.
What is the advantages and disadvantages of credit policy?
advantages of credit policy
What is the definition of imperial policy?
a policy to do with an empire.
What is meant by Credit Policy?
Credit Policy refers to the written guidelines and protocols that related to credit. This will include the specific terms and conditions for any credit transactions.
What are the important dimension of a firms credit policy?
The important dimensions of a firm's Credit policy are: 1. Credit standards 2. Credit period 3. Cash discount
What policy concerns banks credit and currency?
monetary policy
What is the content of international health policy?
definition of health policy
What is the definition of plastic money?
Credit cards.
What are the risk-return tradeoffs associated with a more liberal credit policy?
A liberal credit policy may attract people who don't have enough money to make their payments. With a liberal credit policy, a business will have to have a strict collection department.
Does the optimal credit policy minimizes the total cost of granting credit?
Yes
What is the effect of credit policy on performance profitability and liquidity?
The credit policy generally demands payment. Working class professionals will generate more money in order to sort out credit requirements.
What is the definition of demand side policy?
Policies designed to affect aggregate demand: fiscal policy and monetary policy.
