Question

When creating a credit account for a customer you need to request?

Answer 1

Answer: Credit Reference

Step-by-step explanation:

Credit accounts are a great way to extend credit limits to your customers. By doing so, customers can pay for sales with their credit account until their credit limit is reached. Once they've reached their credit limit, they'll need to make payments towards their balance due to continuing using their credit accounts.

A credit reference is information, the name of an individual, or the name of an organization that can provide details about an individual's past track record with credit. Credit rating agencies provide credit references for companies while credit bureaus provide credit references for individuals.

Answer 2

The answer is Credit references. A credit reference is a data, the name of an individual, or the name of an association that can give insights around a person's past reputation with credit. FICO score offices give credit references to organizations while credit authorities give credit references to people.