Sources of Credit Reports/Activities

< Sources of Credit Reports
Unit 3.1-Sources of Credit Reports 

Introduction | Components | Purpose | Direct Sources | Other Sources | Indirect Sources | Summary | Resources | Activities | Assessment


Activity

Discussion
In discussion groups, determine what the various elements of a credit report mean and what risk factors would need to be evaluated when considering extending a line of credit to a customer.

Process
It is Friday at 3 PM, and you have to make a credit decision on a large, first order from a new customer. You need to decide if using a “direct” investigation or “indirect” investigation will work best. Your sales department is expecting you to make a decision by 5 PM the same day.


Outline the process and alternatives you have to complete the investigation.

This article is issued from Wikiversity. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.