How to control the risks of the company?
This is a discussion on How to control the risks of the company? within the Business Contracts & Partnerships forum, part of the BUSINESS & FINANCE LAW category; Hello friends, I am working for a private loan company and want a helpful suggestion from you people. I want ...
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#1 |
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Junior Member
Join Date: Jun 2008
Posts: 2
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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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#2 |
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Guest
Posts: n/a
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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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#3 |
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Junior Member
Join Date: Jun 2008
Posts: 2
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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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#4 |
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Veteran Member
Join Date: Mar 2008
Posts: 356
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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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