Write at least two policies that a company could use to decide which customers to offer credit to

The first policy that a company can utilize is that only customers who meet the threshold criteria for granting credit will be granted credit. The criteria may include a maximum credit worth of $ 100 for new clients with a possibility of expansion subject to timely and full repayment in the specified timeframe. Expansion of credit is the credit manager's discretion. Besides, new credit applications should be subjected to scrutiny to ascertain the creditworthiness of new customers. If a customer has a low credit score in the credit report, his/her credit level should be reduced. Moreover, each customer should have a guarantor when applying for credit with forms duly signed by both with their full names, copies of identification, and signatures. In case of a default by the customer, the guarantor undertakes to settle the outstanding claim.