Credit Losses Survey

Did you know?

Credit Losses Survey – “Important Facts About Past Due Money”

Outstanding Accounts Receivables – Aging Recovery Statistics

Probability of payments after period of time that the account goes unpaid:

One Month = 2% Loss

Three Months = 40% Loss

Four Months = 60% Loss

Six Months = 70% Loss

Twelve Months = 90% Loss

DELINQUENT ACCOUNTS:

• Deprive you of working capital

• Can cause you to borrow at high interest

• Can cause you to loose customers or clients

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