Drastic political instability in France has already sent ripples across the nation’s economy and continues to threaten the stability of the European Union. Previously France, alongside Germany, made up nearly half of the eurozone economy.

On today’s episode of Extra Credit…Credit scoring models offer credit managers a structured framework to assess customer creditworthiness, allowing for more confident credit decisions.

Determining a customer’s creditworthiness is a key responsibility for credit professionals, but the process is complicated by the legal obligations of the Equal Credit Opportunity Act (ECOA) and Regulation B.

No matter how far along you are in your career, you can’t avoid the inevitable—a poorly-run meeting. Whether it’s a matter of not having a set agenda or lacking a clear end time, meetings without direction are purposeless.

Credit professionals across industries have a lot in common, from their deftness with numbers to their careful evaluations of risk factors. One shared frustration among credit managers is an unresponsive customer, whether it’s a customer who has suddenly gone radio silent or one you’ve spent weeks trying to get in touch with, only to be met with a voicemail.

B2B credit management is a multi-faceted field that requires a diverse knowledge base and skill set. One of the fundamental requirements for credit managers is a strong understanding of business credit.

Earning a designation through one of NACM’s Professional Certification Programs can help credit managers across industries navigate career changes and promotions. For Michael Pica, CBA, CICP, credit and collections manager at Civil and Environmental, Inc. (Moon Township, PA), the journey to earning his Credit Business Associate (CBA) designation saw him through the transition to a new job.

At the start of 2025, Egypt faces intense balance-of-payment pressures from the past year.

On today’s episode of Extra Credit…Credit professionals are no strangers to mistakes—whether it’s making hasty decisions, overlooking fraudulent activity or miscommunication. Regardless of where you are in your career, learning from your mistakes can help you lead others more effectively and grow as a professional.