Standing Quarters

How do I evaluate the credit standing of my customers?

If i have over 45,000 clients, how do I re-evaluate their credit standing (every quarter) to make sure that there is no rate of default, or how can i keep track of this process and be on top of my game before any of them defaults.
Please advise if you know a system that would better facilitate this process. thanks
Yes we have a system right now but it does not seem to really work, having that our clients have increased. I also have a team of 6 credit anayst and a separate collection team. The problem is that the credit analyst complain that the portfolio is too large to keep tab on them or to perform due diligence or to review the risk analysis framework every quarter…thanks

The standard has always been to sign up with the 3 credit bureaus and run checks on your clients.

Their spending habits, debt load and payment histories plus any public records of liens, collections, repossessions, foreclosures etc. will tip you off to any upcoming potential default that might happen.

If you choose to do this? It will require you to obtain your clients permission to pull their credit.

DAMAG-INC – Close-Quarter stand-up grappling moves of Kali. [Ideal bouncer & bodyguard skills*]