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Credit Company manage it by way of evaluating there customer on how they will use it and spend it. Some credit company limits their credit so that user can limit also the way they will spend it.

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13y ago

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Who is credit management LP?

Credit Management LP is a financial services company that specializes in credit risk management and debt collection. They typically provide services to businesses seeking to manage their accounts receivable, improve cash flow, and mitigate credit-related risks. The company employs various strategies to assess and manage creditworthiness, helping clients optimize their financial operations.


Does it hurt credit to do debt management?

If you manage your debts well, that will be good for your credit. If you manage them badly, then yes, your credit will suffer.


Is businessmen use credit?

Yes, businessmen often use credit as a tool to manage cash flow, invest in growth, and finance operations. Credit can provide the necessary funds for purchasing inventory, equipment, or expanding their business without depleting cash reserves. Additionally, leveraging credit can help build a company's credit profile, potentially leading to better financing options in the future. However, it's essential for business owners to manage credit responsibly to avoid debt-related challenges.


What is the amount of money you still owe to their credit card company called A?

The amount of money you still owe to the credit card company is called your "credit card balance." This balance reflects any outstanding charges, including purchases, interest, and fees, that have not yet been paid off. It's important to manage this balance to avoid high interest charges and potential damage to your credit score.


What steps can you take to build a sound credit rating?

Start with a job, Open a savings account and save regularly, Open a checking account and manage it carefully, and Apply to a local department store or a gasoline company for a credit card.


How can one avoid credit fraud by using protection services?

One can avoid credit fraud by using protection services by having the company one is having a contract with protect and advice the person about credits and how he or she should manage those.


Are shares in a public company a credit or debit?

credit to shareholder and debit to the company


Can a a credit company file the same account twice on your credit report?

It happens and can be disputed. Call you credit card company or credit agencies.


Who decides who will manage the company?

All shareholders of the company.


How does a credit department manage their credit portfolio?

Credit departments, generally referred to as risk management departments, use a variety of processes to manage their portfolios. The generic components are as follows: * Underwriting * Servicing * Notification * Acquisition * Retention


Will you need to go through a credit check in order to get a corporate credit card from your company if the credit card is in your company's name?

That decision is up to the credit card company. If the corporation is relatively new or had no credit history, the credito card company might demand that you personally guarantee the debt and you will need to have a credit check. If you have been in business a long time, the credit card company MIGHT not require a personal credit check.


How do you find out if your company is eligible for credit card for fair credit?

In order to find out whether or not your company is eligible for this or not, you are going to have to contact the credit card company and ask if you are.