№ files_lp_3_process_7_019417
Year: 2020
Region / city: New Zealand
Subject: Credit Management
Document Type: Unit Standard
Organization / Institution: Ringa Hora Services Workforce Development Council
Author: Not specified
Target audience: Individuals involved in credit administration and management
Validity period: Not specified
Approval date: Not specified
Amendment date: Not specified
Planned review date: 31 December 2030
Scope of authority: Credit approval authority
Legislation: Personal Property Securities Act 1999, Privacy Act 1993-2020, Credit Contracts and Consumer Finance Act 2003
Industry practice: Current best practices for credit management
Organizational practice: Documented company-specific credit policies and procedures
Credit policy: Set of company guidelines for managing credit facilities
Definitions: Credit approval authority, credit facility, credit policy, industry practice, organizational practice
Outcome 1: Knowledge of credit policy
Outcome 2: Knowledge of delegation of credit approval authorities
Outcome 3: Administering credit control
Context: This document provides an overview of a unit standard for understanding and managing credit control in a financial context.
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