Why is my score now higher than before but my credit limit is lower?

Created by Katie Deverill, Modified on Wed, 19 Oct 2022 at 06:13 PM by Katie Deverill

When implementing the new scorecard, a new Credit Limit strategy was developed alongside customer feedback to ensure that the credit limits were an accurate reflection of the UK marketplace. The new limit strategy is weighted based on the current risk score of the business and proven financial factors such as, Working Capital, Equity, Assets Values etc.

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