Finance:Credit circle
From HandWiki
Short description: Firms sharing intel on customers payment habits
This article relies largely or entirely on a single source. (October 2025) |
A credit circle[1] is created when members of a common group, typically a trade association or federation, come together to share information on credit related matters of their customers, such as late payers or bad debtors. Credit circles traditionally would meet together on a fairly regular basis, although some now share information online to allow each member to carry out a real time credit check on any new customers.
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