 | This article does not cite any sources. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. Find sources: "Credit circle" – news · newspapers · books · scholar · JSTOR (August 2018) (Learn how and when to remove this message) |
A credit circle 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.
See also
This article is a stub. You can help Misplaced Pages by expanding it. |