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Buyers & Credit Decisions With an FCIA policy do I still make my own credit decisions?

April 26, 2017Buyers credit decisions policy

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Buyers & Credit Decisions With an FCIA policy do I still make my own credit decisions?

1 Answer

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With Multibuyer policies, most of the credit decisions can be made by the insured under the terms of the Discretionary Credit Limit (DCL). Under Key Account and Single Buyer policies, the credit limits are generally set by the insurer.