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Jan20
What to Know if you Extend Credit
  1. Know the laws, if you grant credit to a customer, make sure you know the federal and state consumer credit laws.
  2. Tell the truth, you must disclose all exact credit terms, finance charges and any interest rates, check out the Truth in Lending Act for more information.
  3. Follow correct billing mistake procedures.
  4. Do not discriminate when extending credit.
  5. If in doubt, call your states office or attorney or accountant or check out www.nolo.com

 

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« Debtor's gone Wild! Where is 20/20 when you need them?! | Main | How to Create Invoices that Create Action! »

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