CIPS Level 4 Diploma in Procurement and Supply L4M4 Question # 64 Topic 7 Discussion
L4M4 Exam Topic 7 Question 64 Discussion:
Question #: 64
Topic #: 7
When looking at credit scores, a supplier may be classified as a high risk for reasons that are notlinked to poor credit. Which of the following could these be? Select TWO
New organisations or those with no loans/ credit cards may have low credit scores. This is simply because they do not have enough financial history to make their scores good. That means banks au-tomatically class them as higher risk, because they simply don't know that they're trustworthy yet.
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