Costs and Value of Credit/Assessment
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Costs and Value of Credit
Unit 3.2-Costs and Value of Credit
Introduction
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Assessment Factors
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Summary
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Resources
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Activities
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Assessment
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Unit 3.1
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Unit 3.2
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Unit 3.3
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Unit 3.4
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Unit 3.5
Return to
Trade Finance Module 3: Commercial Risk
Assessment
1
Evaluation criteria used to assess credit report sources include
only speed.
source of the information.
language the report is written in.
speed & accuracy.
2
The average cost for an individual credit report is
$50 – $60 each.
$60 – $200 each.
$200 – $300 each.
$300 or more each.
3
The most comprehensive credit information can be obtained from
indirect sources only.
the international sales team.
direct and indirect sources combined.
direct sources only.
4
In the business world today the greatest challenge to the international credit manager is
evaluating too much information.
the lack of information available.
the cost of available information.
securing accurate information.