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A credit assessment, also known as a credit check, is used to assess the solvency of companies and individuals. Usually, consumers are subject to checks when applying for a loan or to pay for purchases in instalments.
The assessment is basically an evaluation performed on the ability of a debtor or contracting party to repay before a transaction is concluded. Since both the creditors and companies want to protect themselves against possible payment defaults before entering a business contract, checks are carried out.
For this purpose, credit agencies calculate the probability values (credit scores) which can be used to express the likelihood of default. The more data a credit agency has on the consumer, the more accurate and reliable it can make statements about the risk of default by that consumer.
Our customers may think of DHL in terms of parcels containing their online orders or, in the case of DHL ...
DHL Freight is committed to providing the best service to our customers. We can only do this if we know ...
Christian Digby is always on the move in Malmö in southern Sweden. The speedy delivery man seems to enjoy peak ...