Optimise your business with Athena Credit Management & Risk Solutions expert guidance to steer you to a stronger, more secure future. Most of all, I have 2 corporate entities to thank for this plight of mine in the world of banking, lending and credit: 1 the now defunct U.S. Credit Management of Irving, Texas and 2 Citigroup of South Dakota (or wherever in the world it wishes to seek out the best or worst corporate laws).
The paperback version of Credit Risk Management – The Novel (Part One) is now available from and 11 country specific Amazon websites; (India), (Brazil), (Mexico), (Japan), (UK), (France), (Germany), (Italy), (Spain), (Canada) and (Australia). It may take years for all of the negative reports to expire, but by preventing new ones while increasing your positive reports your credit score will slowly rise on its own. After reviewing an article published at that time on about how U.S. Credit Management was working wonders with client’s debts, I agreed at the end of January 2004 to put my debt matters into their hands. Reading The Chameleon in the Room resolved majority of my doubts concerned with risk management. Most credit debt management-counseling firms also offer comprehensive debt management services and ongoing bankruptcy counseling and education. A bad credit personal loan is like any other personal loan that one might have availed of in the past.
All U.S. Credit Management needed to make clear to creditors was that the threat of a my declaring bankruptcy was likely or plausible. In the face of rapid change and globalisation, data driven risk management methods alone are no longer adequate. This data is only temporary and is regulary recreated using report RFCMCRCV (and redistributed in the SD systems using distributed Credit Management). Potentially irreparable reputational damage, a crisis of confidence and massive legal liabilities could do the company in.” Volkswagen AG’s (stock) price dropped from 213.45 on July 2nd to 96.50 on October 1, 2015. The value of Order A ( $ 20,000 ) and Order B ( $ 60,000 ) put together is called the credit exposure of the customer. Credit counselling services provide assistance with the budgeting and repayment of your debts, and offer advice on simple ways to improve your credit without additional loans.
Unquantifiable Uncertainty Risk cannot be modelled because there is no data, so cannot be covered by traditional risk management practices or insurance; moreover extreme risk events (Black Swans) occur relatively frequently and result in business failures.
As a first planning step the size of the challenge can be estimated by aggregating the ‘forced sale’ net disposable value of the entity’s assets; which could be referred to as the ‘Maximum Covered Liabilities’ (MCL) if no management action is initiated.