Effects of Late or Non-payments/"Eight C's" of Credit Risk Assessment for A Global Seller

Gftp.svg Unit 3.3-Effects of Late or Non-payments 

Introduction | Tenets of Risk Assessment | Risk and Reward | "Eight C's" | 5 "C's" | 3 "C's" | Applying the "C's" | Impact of Nonpayment | Identifying Costs | Bad Debt Value | Interest | Cost and Capital | Administrative | Summary | Resources | Activities | Assessment

“Eight C's" of Credit Risk Assessment for A Global SellerEdit

Whether a sale is a domestic or international transaction, there are five “C’s” to consider during a credit risk assessment: character, capacity, capital, condition, and collateral. In addition, there are three more “C’s” to consider when the assessment is considered an international transaction: country, currency, and cultural risk.