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In your own understanding what is credit collection policy?

User Jemolah
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2 Answers

13 votes

Answer:

a document that includes “clear, written guidelines that set the terms and conditions for supplying goods on credit

Step-by-step explanation:

User Mahmmoud Kinawy
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5 votes

Answer:

A credit collections policy is a document that includes “clear, written guidelines that set the terms and conditions for supplying goods on credit, customer qualification criteria, procedure for making collections, and steps to be taken in case of customer delinquency”.

User Ahodder
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