Common use of Credit Evaluation Clause in Contracts

Credit Evaluation. 6.1 The Credit Department will utilize various tools available during the credit evaluation process to determine the clients’ credit worthiness. Such tools include, but may not be limited to, Dun & Bradstreet Reports and credit and/or bank references. If the client currently uses a teleservice center, Convergys may choose to contact that center for a reference. 6.2 The Credit Department will perform the credit evaluation within 72 hours of receiving the credit application and will notify the salesperson and Contract Administration of the billing terms, payment terms and the required security deposit. POLICY TITLE 2.0 - CORPORATE ACCOUNTING – CUSTOMER CREDIT AND COLLECTIONS POLICY Version # 1.2