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How to control the risks of the company?

Discussion in 'Business & Tax Advice' started by Francis, Aug 12, 2008.

  1. Francis

    Francis Newbie

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    Hello friends, I am working for a private loan company and want a helpful suggestion from you people. I want to know that while giving loans to so many people there are many risks of retrieving the loan amount along with the interest so how can we control the risks towards the company or how can we minimize the risks? Please suggest if anyone knows.
     
  2. CyberDilemma

    CyberDilemma Regular Member

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    There are many risks. What risk are you talking about, the risk of not having the loans repaid? Are the loans collateralized?
     
  3. normancurtis

    normancurtis Newbie

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    In your work stream risk is always there on prior situation but as all of us know that there is solution for every problem so there is also something to minimize the risks for the company while providing loan to anyone. I know about a web based
    http://www.g-cms.com/ service which helps in minimize the risks towards the company. I will suggest you to go with it. It will definitely help you out.
     
  4. themagician

    themagician Regular Member

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    '...Well usually, a loan has to be secured against an asset, often real estate. Defaulting on re-payments results in the property being seized and sold, usually at a very low price to ensure a quick sale, but high enough to recover the loaned amount plus outstanding interest owed and costs.

    themagician
     
  5. Uptownbulker

    Uptownbulker BANNED BANNED

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    Spam and phishing.

    This post is complete bullshit.

    Look at the phraselogy, the wording and the general bullshit.

    Mods should get rid of this post and the poster, post haste!