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Provide an analysis why the following warning signs of Potential Credit and Collection Problems? 1. Numerous inquiries about one of your accounts. 2. Customer switches

Provide an analysis why the following warning signs of Potential Credit and Collection Problems?

1. Numerous inquiries about one of your accounts.

2. Customer switches banks frequently.

3. Client asking for clarification or proof of service more frequently.

4. Changes in client payment patterns.

5. Partial payments rather than payment in full.

6. Problems in the clients geographical area.

7. Problems in the clients industry.

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