Top 10 English Slangs for Credit Adjuster

Top 10 English Slangs for Credit Adjuster 1. Cash Cow This term refers to a person or business that consistently generates a large amount of money. In the credit industry, it could be a customer who always pays their bills on time, ensuring a steady cash flow for the company. 2. Deadbeat On the other end of the spectrum, a deadbeat is someone who consistently fails to pay their debts. As a credit adjuster, you'll often come across such individuals. It's important to handle these cases tactfully and follow the necessary legal procedures. 3. Float Float refers to the time between when a check is written and when it's cleared by the bank. It's a crucial concept in credit management, as it affects the company's cash flow. Understanding float can help you better plan and manage finances. 4. Charge-off When a debt is deemed uncollectible, it's charged off. This doesn't mean the debt is forgiven; rather, it's moved from the accounts receivable to a loss account. It's important to keep track of charge-offs to accurately assess the company's financial health. 5. Skip Tracing