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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.

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11y ago

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Related Questions

What are three types of credit?

1 Liberal on credit/conservative(tight) on collections 2 Moderate on credit/moderate on collections 3 Conservative(tight) on credit/liberal on collections


Liberal credit policy?

What are implications of extending more liberal credit terms to customers? Name two companies that had capital management problems and cash inflow difficulties.


What are the implications of extending more liberal credit terms to customers?

By extending more liberal credit terms to customers, your turnover will multiply along with the risk of delayed/non-payment which you to acomodate.


What is liberal credit?

A liberal credit policy implies your organization stretches out great terms to purchasers who make buys on records or through transient financing. Offering rebates for early installments or permitting extensive reimbursement periods with no punishment are cases of liberal credit terms. Having a liberal policy may draw in new customers and more business, however it can likewise affect your income.


What is liberal credit policy?

A liberal credit policy implies your organization stretches out great terms to purchasers who make buys on records or through transient financing. Offering rebates for early installments or permitting extensive reimbursement periods with no punishment are cases of liberal credit terms. Having a liberal policy may draw in new customers and more business, however it can likewise affect your income.


What does it mean when something says liberal credit requirements?

I'm thinking it means u have to have a certain credit score


What is the cashback fee associated with this credit card offer?

The cashback fee associated with this credit card offer is 3 of the transaction amount.


How can I obtain the zip code associated with my credit card?

You can find the zip code associated with your credit card by checking your billing statement or contacting your credit card issuer directly.


What is the policy on credit card fees for this service, and are there any additional charges or fees associated with using a credit card?

The policy on credit card fees for this service is that there may be additional charges or fees associated with using a credit card.


Collins office supplies is considering a more liberal credit policy?

Yes.


Is Supplier's credit or Buyer's credit closely associated with long-term loans?

yes


How can I find the zip code associated with my credit card?

The zip code associated with your credit card is typically the billing address zip code you provided when you applied for the card. You can also find it on your credit card statement or by contacting your credit card issuer.