Setting Up A Credit Policy
Employees working directly with customers have to be fully aware of the credit policy terms.
Mixed messages and unfulfilled expectations are not what you want for your business. You have to train your employees on your credit policy, how to use it as a strategic advantage to increase business and to minimize the chances of accounts going to collections resulting from the credit terms misrepresentation.
While a written, as well as online, credit policy, may not be the magic that turns every customer into a responsible and paying citizen, it establishes your expectations in black and white. When your customers fail to meet the expectations outlined in the written credit policy, it may be time to contact a creditor’s rights attorney, such as the firm of Taroff & Taitz, LLP. Taroff & Taitz, LLP believe that creditors have rights, and they will work with you and for you to help recover the credit that you have extended to those who fail to follow the credit policy that you put in writing. They represent a variety of lenders, in various stages of collection. Contact Taroff & Taitz, LLP today to start taking back what is owed to you.