Cash Management Vs Credit Management
There shouldn’t be two equivalent procedures as every business is exclusive and has its own technique. The division of tasks between employees can generate antagonists pursuits, as could be the case between finance and sales department. It reconciles interests by setting limits to every of them and providing for arbitration in particular cases. The policy of credit management clarifies the goals of the corporate and set best practices that have to be followed by the complete group. A customized credit program can function just like a line of credit that a traditional credit card firm provides.
Once a set account is added to your credit report, your score might be broken for seven years no matter fee. Credit Glory has successfully disputed collections from Credit Management LP and firms like them for hundreds of clients nation-broad. If a collection is on your credit report, it’s damaging your credit score .
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