All 22 Credit Control questions
More in Credit Control
What is the order-to-cash cycle and where does credit control fit? How is credit exposure monitored on an ongoing basis? How should credit limits be reviewed and adjusted over time? How does a credit policy document support consistent decisions? How should credit be handled for export/international customers? How do deposits and prepayments reduce credit risk? How do you build or use a credit scoring model? What forms of security or risk mitigation can support extending credit? What KPIs measure credit control effectiveness? How do you manage credit risk for a concentrated customer base?
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Accounts Payable & Receivable › Credit Control

What external data sources inform credit decisions?

Intermediate

Answer

Sources include credit-bureau reports and scores (Dun & Bradstreet, Experian), audited financial statements, trade references, bank references, public filings and adverse-media/legal searches, and industry/country risk data. Combining them gives a rounded view of ability and willingness to pay beyond internal payment history.
Real-world example A D&B report plus trade references and recent financials support granting a mid-size limit to a new distributor.

Common follow-ups: What does a credit bureau provide? | Why combine multiple sources?

Collections & Bad Debts Vendor Management Credit Control
All 22 Credit Control questions