answersLogoWhite

0

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.

Still curious? Ask our experts.

Chat with our AI personalities

RafaRafa
There's no fun in playing it safe. Why not try something a little unhinged?
Chat with Rafa
BeauBeau
You're doing better than you think!
Chat with Beau
DevinDevin
I've poured enough drinks to know that people don't always want advice—they just want to talk.
Chat with Devin
More answers

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.

User Avatar

Wiki User

11y ago
User Avatar

Add your answer:

Earn +20 pts
Q: What does credit management mean?
Write your answer...
Submit
Still have questions?
magnify glass
imp