Covering Business Credit

Credit Questions and Answers
Business Credit and Collections
Commercial Credit Management

Return to Q and A 2003Home

Doctor Credit

I have heard this answered both ways. Should we list our terms of sale on credit inquiries we receive by mail or fax?

Answer: : This is a decision each company must make for themselves. As to whether or not it is lawful, a recent document issued by an employee of NACM stated in part: "While the reporting of actual credit terms is proper, there must be no discussion of terms" suggesting that providing this information is not unlawful.

spacer spacer