Credit Management

I have written previously how CITIBANK’s deceitful practices and predatory lending techniques functioned to almost send me into bankruptcy in 2003-2006. Common business risks are well understood and can be anticipated, so owners or executives having read my book Global Credit Management – an Executive Summary, for example, will undoubtedly put in place measures to ensure the durability of their business should common risks arise.Credit Management

With the increased availability of financial instruments and activities, such as, loan syndications, loan trading, credit derivatives, and creating securities, backed by pools of assets (securitisation), the banks, importantly, can be more active in management of risk.

The two controlling system loan predict design and client screening is use only to reduce the rate of non-repayment the institution must have good delinquency management cultural to embrace zero tolerance for arrears and immediate follow up of all late promotes use this institution also have to orient property each new client regarding about credit polices on delinquency management in relation to this CARE economic department unit resounded the 42 following delinquency management method.

Finally, recall how (3) that particular firm had gotten a number of my creditors to approved a repayment schedule for me-only to later come back to me and try have CITIBANK raise my monthly payment to them by another 8 to 10 percent after I had sent in 500 plus dollars to obtain their services.Credit ManagementCredit Management

Most of all, I have 2 corporate entities to thank for this plight of mine in the world of banking, lending and credit: 1 the now defunct U.S. Credit Management of Irving, Texas and 2 Citigroup of South Dakota (or wherever in the world it wishes to seek out the best or worst corporate laws).