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Credit management is the process of deciding which customers to extend credit to and evaluating those customers' creditworthiness over time. It involves setting credit limits for customers, monitoring customer payments and collections, and assessing the risks associated with extending credit to customers.

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Credit management is the way one handles the money borrowed from banks or credit providers. It is recommended when making a payment each month to pay more than the minimum about due.

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12y ago
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Q: What does credit management mean?
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