Credit check
Credit check - what is it and what does it do?
To avoid dunning proceedings or a possible court battle, it is important to know in advance who you are dealing with. What is the creditworthiness of your customer?
You can find out quite easily with a credit check. We will provide you with a written assessment and advice on your customer's financial solvency. If you already have a defaulter, we will also be happy to assist you in collecting the outstanding debt.
Credit check at a glance
Why should you run a credit check on your customer?
- Risk assessment
- Avoidance of payment defaults
Creditworthiness comes from the Latin word bonitas and means good condition. Companies and individuals are checked in the credit report to see whether they are in good "condition" and intend to actually pay your bills.
What types of data are checked for the credit report?
- Personal data
- Economic information
- Payment history
To avoid an openoutstanding invoice in the first placeinstance, we therefore recommend the Inkasso Merkur credit report. You will receive important information about people and companies in Europe and will be supported by us when making decisions and choosing business partners.