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How do you handle business debtors who have refused to pay?
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[QUOTE="Jasz, post: 289470, member: 61772"] If you're a business man, you need to be aware of whether or not your customers have good credit. You can check this by checking their credit report or by asking them to show you their pay stubs and bank statements, if you can before giving them any loan or selling on credit. If your customers has good credit, then they will likely have a job that pays well. They may also be able to afford higher goods. If they don't have good credit, then they may not be able to afford some kind of loan or taking some debts. If you're thinking about giving out your goods to someone who has poor credit, it's important that you know what it takes or would cost you. Most applicants won't have any problem with that unless they've had problems with the past customers or clients before then. In all you should be cautious. [/QUOTE]
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How do you handle business debtors who have refused to pay?
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