Good-Guy
VIP Contributor
When it comes to financial activities, it is very common to provide goods or services on credit. Credit is an important aspect of financial activity because it allows you build more trust and allows your client to purchase products and pay for it later in case the client himself or herself does not have cash at hand. Unfortunately, this facility often leads to the violation of financial credit terms. I am sure many people would say that we should not provide our services or products to such kind of customers who violate therems and conditions of financial credit but if the client has a really good history of paying credit, but this is the first time it has been happening that he or she is not able to pay, then don't you think that we should remain patient until the client pays us despite the credit terms' time period elapsing?