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How to control the risks of the company?

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Old 08-11-2008, 04:00 AM     #1
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Default How to control the risks of the company?

Hello friends, I am working for a private loan company and want a helpful suggestion from you people. I want to know that while giving loans to so many people there are many risks of retrieving the loan amount along with the interest so how can we control the risks towards the company or how can we minimize the risks? Please suggest if anyone knows.
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Old 08-11-2008, 08:34 AM     #2
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Default Re: How to control the risks of the company?

Seems a fairly broad question?

Credit histories can be obtained, telecheck records, emplyment records...all those can help. And many private services combine all of these things and give a general score to help you decide.
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Old 08-12-2008, 12:10 AM     #3
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Default Re: How to control the risks of the company?

In your work stream risk is always there on prior situation but as all of us know that there is solution for every problem so there is also something to minimize the risks for the company while providing loan to anyone. I know about a web based risk management solutions service [www.g-cms.com] which helps in minimize the risks towards the company. I will suggest you to go with it. It will definitely help you out.
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Old 08-12-2008, 05:41 PM     #4
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Default Re: How to control the risks of the company?

World Law's lawyers could also probably help resolve this if need be. You may email them on the home page.
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