Level 3 Credit Management (Trade, Export and Consumer)

Level 3 Credit Management (Trade, Export and Consumer)

What you will learn from the Credit Management (Trade, Export and Consumer) Virtual Class
46 Guided Learning Hours 101 Total Qualification Time

The unit provides an understanding of the concepts, processes and techniques that underpin best practice across a range of credit environments.

Syllabus topics

1. Value of credit (10%) 

Definition of credit

Cost of credit

2. Organisation of the credit function (15%)

The credit department

Credit policy

3. Credit customers and arrangements (35%)

Customers  Credit agreements


4. Credit risk control (15%)

Risk assessment and control

Information sources and their value



5. Credit documents and systems (10%)

Customer master file

Sales ledger system

Computerised systems

6. Collections methods and legal action (15%)

Targets and use of resources


Dealing with problems

Legal procedures and use of third parties


One hour online examination involving 60 multiple choice questions.