Credit Risk Definition, Assessment & Importance
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Examples of high risk businesses It's decided by credit card processors how risky you'll be as a client. Your risk factor is usually based on: The industry you're in: Some industries get considerably more fraud or chargebacks: credit, trucking, gambling, smoking or vape shops, travel, and even realtors sometimes struggle with building business credit. Your personal/business situation: If you have low personal credit, poor financial history, a previously terminated merchant account, or a previous
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