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Credit Limit

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Revision as of 03:30, 12 August 2025 by TJB Jesse (talk | contribs) (Created page with "A credit limit is the amount of money a supplier is willing to allow a customer to borrow on credit. Each time an order is placed the amount of credit a customer is using needs to be checked to make sure this is not exceeded. A credit check along with business references and amount of credit requested can all be used when setting and evaluating a customer's credit limit.")
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A credit limit is the amount of money a supplier is willing to allow a customer to borrow on credit. Each time an order is placed the amount of credit a customer is using needs to be checked to make sure this is not exceeded.

A credit check along with business references and amount of credit requested can all be used when setting and evaluating a customer's credit limit.

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