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Creating Credit Terms for Customers

PDC Flow

Establishing clear credit terms helps customers know what to expect during billing and teaches staff proper procedure when collecting on both B2C and B2B payments. Terms associated with credit should also direct staff on how to collect payments. A good credit policy and well-planned collection procedures can mitigate these costs.

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Debt-Service Coverage Ratio: A Useful Financial Measurement for Assessing Future Debt Recovery

Debt RR

The higher the DSCR from a borrower, the better for the business collecting the debt. However, it may be too rigid to use net DSCR alone when examining an entity’s creditworthiness. For example, real estate or nonprofit entities are very different from traditional commercial businesses like a manufacturing plant or logistics company.

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EV and the Future of Hyper-Personalized Automotive Experiences

Fico Collections

There are more sensors collecting more data from vehicles, and more third parties wanting to consume the information coming off these cars. We will know a lot more about consumers as more telematics data is collected from vehicles via sensors. Steve: 100%. Steve: Great question. We don’t want to scare the consumer.

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