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71% of SMEs Fail to Credit Check Their Customers

Sarah Bean - Wednesday 21.09.17, 16:19pm

Over 70% of SMEs are exposing themselves to increased risk of late or non-payment by failing to credit check their customers, according to new research by Experian. The survey of nearly 700 UK small businesses found that 71 % did not check their customers’ credit status, 39 % didn’t know what a credit score was, [...]

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Tags: credit control