OUR SERVICES
Credit Evaluation
Credit evaluation represented by a 3-degree color system (green, yellow, red) based on timely debt payment refers to the assessment of a client's creditworthiness and payment behavior. In this system, clients are assigned a color code that corresponds to their ability to pay debts on their due dates. Here is a brief description of this credit evaluation process:
- Green: Clients with a green color code indicate a strong credit evaluation. These clients consistently pay their debts on or before the due dates. They demonstrate responsible financial behavior and are considered low-risk borrowers
- Yellow: Clients with a yellow color code represent a moderate credit evaluation. They may have occasional delays or missed payments but generally meet their debt obligations within a reasonable timeframe. Lenders consider them moderate-risk borrowers. The yellow color code serves as an indicator for clients to improve their payment behavior and strive towards a green rating.
- Red: Clients with a red color code indicate a poor credit evaluation. They consistently fail to pay their debts on time or have a significant history of missed payments. Lenders view them as high-risk borrowers due to their payment delinquencies. Clients with a red color code may face challenges in obtaining credit.
Benefits of the Service
- The 3-degree color system provides a quick visual representation of a client's payment behavior.
- The color-coded system helps lenders effectively manage risk. It allows them to identify clients with different levels of creditworthiness and adjust lending terms accordingly.
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