answersLogoWhite

0

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.

User Avatar

Wiki User

11y ago

What else can I help you with?

Related Questions

What are the features of optimum credit policy free answrar download?

An optimum credit policy typically includes features such as clear credit terms, thorough risk assessment procedures, and effective monitoring of borrower performance. It balances the need for sales growth with risk management by setting appropriate credit limits and payment terms. Additionally, it emphasizes customer relationship management to ensure timely collections and minimize defaults. Overall, the policy aims to enhance profitability while maintaining a manageable level of credit risk.


What are the features of optimum credit policy?

A premier credit card will usually offer points that can be redeemed for different products. It may also offer a higher spending limit or reduced rate.


What is the advantages and disadvantages of credit policy?

advantages of credit policy


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 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.


Does the optimal credit policy minimizes the total cost of granting credit?

Yes


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.


Where can I find a corporate credit card policy sample?

For all credit card companies, their corporate credit card policy sample could be found at the bottom of their official website or as a branch off of their terms of service page. However, if you are still unsure, you can call the credit card company yourself, and inquire about their corporate credit card policy sample.


Does The optimal credit policy is the policy that produces the largest amount of sales for a firm?

yea