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Credit Application Form – Individuals

Credit Application Form – Individuals

stars Join 13,500+ SA Businesses & Law Firms Who Bought Our Templates

Original price was: R 375,61.Current price is: R 262,93.

Form requesting financial information and credit history for personal credit evaluation.

  • Determines creditworthiness.
  • Establishes credit limits.
  • Provides documentation for collections.
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What format do you provide the document in?

You’ll receive the document in Microsoft Word. A small number of our documents are only available in PDF, in which case this is stated in the document summary.

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How can I tell if the document is suitable for my requirements?

Each document is accompanied by a description. Read the description to see if it will meet your requirements. If you are still uncertain, you can Contact Us with a brief overview of what you need the document for and we will respond as soon as possible.

Can I make changes to the contracts and legal documents?

Our documents are provided in MS Word format, allowing you to adjust and alter the agreement as you require. If you do not have legal experience we do caution you to be circumspect about the extent of the changes that you make.

CREDIT APPLICATION FORM

(Individuals)

Summary If you operate your business on a credit basis, ie. Your customers (being individuals, as opposed to business customers) pay you only after goods or services have been delivered, then a template credit application form can be a useful tool. By getting your customer to complete an application before doing business with them, it allows you to accumulate information on them, helping you to assess whether to grant the credit. A Credit Application Form helps you to conduct background and verification checks on the prospective debtor.

If you want to grant payment terms to customers who are legal entities, have a look at our Credit Application Form for Corporate Customers.

Why do I need a Credit Application Form? A Credit Application Form helps you to collect information about your client, including obtaining a consent to credit checks. With this information, you can conduct various background checks to determine whether the customer is one you want to do business with. The information is also useful if you need to take action against a customer who defaults on their payments.

What does the application template say? The template application for credit requires the applicant to answer questions and complete information pertaining to: Personal Details; Spouse’s Details; Employment Details; Banking Details; Trade References; Customer’s financials; Consents; Customer Signature; Documents required.

What does the template application form look like? The standard form can be printed onto three pages.

What do you need to do to use the template form?

  • Read the sample application form to ensure that it suits your requirements. Make changes as required.
  • Fill in your details as the Supplier where specified
  • Ask your applicant to complete the form before you consider selling goods or services on payment terms.

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How do I receive my documents once I have paid for them?

Once your order is complete, you will be granted download permission for the document. You will:

  • See download links on the order received page after you have checked out.
  • Receive an email notification which will include download links.
  • Have access to your downloads via the Downloads tab on your ‘My Account’ page when logged in to your account on this website.
What format do you provide the document in?

You’ll receive the document in Microsoft Word. A small number of our documents are only available in PDF, in which case this is stated in the document summary.

What if I don't receive the link?

The two most common reasons for people not receiving the link are : (i) The e-mail address entered into the order form was incorrect; or (ii) the e-mail was directed into your spam folder. First please check your spam folder. If it is not there, contact us.

How can I tell if the document is suitable for my requirements?

Each document is accompanied by a description. Read the description to see if it will meet your requirements. If you are still uncertain, you can Contact Us with a brief overview of what you need the document for and we will respond as soon as possible.

Can I make changes to the contracts and legal documents?

Our documents are provided in MS Word format, allowing you to adjust and alter the agreement as you require. If you do not have legal experience we do caution you to be circumspect about the extent of the changes that you make.

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