Credit Today is the fastest growing publication in the credit field, favored by more and more top credit executives. We cover the world of business, or trade credit, with concise, yet in-depth, reporting. We also publish the most in-depth salary survey in the industry, covering all major credit positions.   
Home     Credit Jobs!     Search     Help     Resource Directory     Tell a Friend     Contact     Subscriber Area
 Join Us
We invite you to join the private subscribers-only Credit Today community and discussion area. Click here to learn more.
 Departments
Webinars
Bankruptcy Issues
Benchmark Central
Best Practices
Checklists
Collections Today
Credit Cards
Credit Dept Profiles
Credit Mgmt Today
Credit Mgr's Letter
Credit Scoring
Deductions Today
Downloads
Dr. Credit
Financial Analysis
Forum Archives
Fraud
Glossary of Terms
HR Issues Today
International
Legal Issues
ListServ Signup
Resale Certificates
Resource Directory
Subscriber Tools
Technology Today
Tip of the Week
Unclaimed Property
Vendor Articles
Press Releases
 Special Reports
Tech Buyer's Guide
Staff Benchmarking
Salary Survey
Book Store
Credit Stats
 About Credit Today
Mission Statement
Member Benefits
Sample Articles
Testimonials
Help
Submissions
Tell a Friend
Our Staff
Editorial Advisors
Consumer Credit Page
Contact
 Subscription Activation
If you are a current subscriber to the print edition of Credit Today, and have your subscriber ID number, click here to activate your Free subscription to CreditToday Online.
 Sponsors
Kreller Group

===============

Our Subscribers Say...

Credit Today's Resource Directory and their online e-mail forum (ListServ) provide information on almost any credit-related topic you can think of. It is a great way to exchange information with other credit professionals. As the saying goes, "You don't know what you don't know."
- Scott Goen, Credit Manager, Big Lots Stores, Inc., Wholesale Division

"We've recently started using the ListServ tool within Credit Today. This is phenomenal and powerful forum for gaining immediate feedback, ideas, and suggestions, relative to any credit topic under the sun, all in a real-time e-mail format."
-Javier Vela, Senior Credit Manager, Global Credit Services, JDA Software Group Inc.

"Being a part of the Credit Today online community is like having the expertise of hundreds of credit managers at your fingertips. These credit execs are willing to help you solve topical business issues as they arise. In the current environment of ever increasing competing priorities which reduce our opportunities to meet peers out of the office face-to-face, this is the most valuable tool you can have on your desktop! It's important that we have a mechanism to reach out to our counterparts quickly to exchange knowledge as well as to stay on top of industry trends."
- Victoria Artis, Director of Customer Financial Services, Pfizer, Inc.

"Over the last 10 years I've seen Credit Today evolve from a monthly credit publication into a quality source of information and guidance for the B2B credit community. The website, with its user friendly form downloads, will take you from examples of new account credit applications to bankruptcy forms and everything in between.

The Credit Today ListServ has become the pre-imminent online forum, providing an opportunity for discussion and comments (and occasional humor) from an impressive list of credit professionals."
David Dungan, Director of Credit
Justin Brands, Inc. (A Berkshire Hathaway company)
Fort Worth, Texas

"There are numerous credit periodicals available to the credit professional today. How good is Credit Today? Is it relevant? I always have to read it late, or online because my credit analysts want to read it the minute it comes in. When my staff wants to read a publication before I have a chance to read it then something is working in that publication. We have cancelled our other subscriptions. When you have the best you do not need the rest."
Ron Woods
Corporate Credit Manager-World Wide
Thales Navigation, Inc.

"The newsletter, coupled with the website and the ListServ, are to us, more valuable than any other credit publication, bar none. I try to use at least one article out of each newsletter for departmental training/discussion sessions."
D. Mark Constantine
Corporate Credit Mgr
Fulton Paper Company

"I love Credit Today and read every issue cover to cover. For me, the greatest perk of a subscription is ListServ. I believe Credit Today's ListServ members may be the most knowledgeable Credit brain trust in existence today. I have saved and categorized hundreds of contributions on a wide variety of topics which I refer to often. It's an easy and cost effective way to network and learn."
Doug M. Thomas
Kimberly-Clark Customer Financial Services

Home | Credit Crisis Search 

Credit Crisis

Credit Today's Credit Crisis Roundtable

We've all read a lot about what's happening with the Credit Crisis on Wall Street, in financial institutions, banks, and insurance companies. But at Credit Today, we (and more importantly, our readers) are more concerned with what's going on in the "real world."

To answer that question, and take a look ahead, we gathered the top minds in credit reporting, the top risk managers at the largest credit insurers in the world, and other credit leaders together in a room in New Jersey to talk about what's going on in the "real world." Click here or here to see the bios of this distinguished panel.

We sat down for a wide ranging discussion, comparison of data, free-flowing debate (although there was much more agreement than disagreement on most issues), and a little prognosticating.

What we learned was nothing short of astonishing. Truly, this is a momentous time for businesses around the world with credit management right at the center of the storm. The "rules of the game" truly have changed. To find out why things have changed, what has changed, and what you and your company must do to prepare yourselves, read on. . .

For immediate access at our special discounted rate to the entire Credit Crisis Roundtable transcripts, click here to get started!

Credit Crisis Roundtable - Credit Reporting Veteran Expects The Toughest 60 Days of His Career
40-year credit reporting veteran expects the toughest 60 days of his career! ... Proprietorships walking away from businesses... California's stats were worse than the rest... deal order-to-order with all but the top dozen or so companies... after Christmas, all bets off? ... 20% (or more) of all car dealers to go under? GM withholding dealer rebates to save cash? . . . keep reading
Credit Crisis Roundtable - Why We're in Much Worse Shape Now Than in 2001; Going to Mars to Find New Car Buyers With Cash?
Credit Crisis Roundtable - Why We're in Much Worse Shape Now Than in 2001; Going to Mars to Find New Car Buyers With Cash? Many retailers started opting out of reporting same store sales; Panel agrees we're in much worse shape now than in the Fall of 2001, after the Dot.com Bubble and 9-11; Fed Out of Ammo; How long will the downturn last? Our panel is not optimistic; D-E-B-T is the Problem We've Got!; GM & Ford? Let Them Go Under if They Can't Cut It . . . keep reading
Credit Crisis Roundtable: Panelist Says 6 to 8 Major Chains to File in January
Credit Crisis Roundtable: Panelist Says 6 to 8 Major Chains to File in January Why panelist believe fraud is on the rise and the trend will continue... An insane number of department stores may file soon... CFOs and CEOs now taking a greater interest in credit & Accounts Receivable issues... A big mistake some trade creditors are making...

CT: We've talked about the short term risks everyone is facing right now. But looking out medium to long term, the playing field is changing. Are there any other things that are going to change what credit managers should be doing? Also, there are other things happening here besides the economy. People like Mike Rodgers are . . .
keep reading
Credit Crisis Roundtable - Data on Small Business Credit Shows "The Old Rules Don't Apply"
Credit Crisis Roundtable - Data on Small Business Credit Shows "The Old Rules Don't Apply" Experian's Data on how the Credit Crisis is affecting small businesses and consumers; the impact of financial stresses on small business' personal vs. their business credit... Mortgage delinquency rates of small businesses - surprising findings ... specific data on which industries are hardest hit ... which regions are hardest hit... trade creditors angry towards banks...

CT: Dan, you've developed some interesting small business data. What can you tell us about that? Meder: With the mortgage crisis in full swing, and knowing that from previous studies we've done that small business owners, personal financing, and business financing are . . .
keep reading
Credit Crisis Roundtable - Budget Cuts in Credit at the Worst Time - What Our Panel Says About This
What? Budget cuts for credit departments, while at the same time we're facing a tsunami wave on a scale that nobody has ever seen and it is pinpointed at the credit function of a corporation? - what our panelist think on this subject ... The role the larger companies will play in this drama... . . . keep reading
Credit Crisis Roundtable - Increasing Government Intervention a Threat; Rapidly Disappearing Bank Lines
Our panel discusses why excessive government intervention might be forestalling the inevitable... Why one former senior credit exec told his troops that if he didn't know about a bankruptcy 6 months in advance, their jobs were at risk... Increasing use of trade credit lines as if they were bank lines causing DSO to rise, while sales in some instances are already falling... A secret method of getting credit insurers' help even when they won't underwrite insurance on your accounts... Why it's more important than ever to pay close attention to your customer's bank agreements... New trends in bank loan agreements and how they're impacting trade creditors... How (and why) one small bank in a lending group might have the power to disrupt an entire loan. . . . . . keep reading
Credit Crisis Roundtable - Beware of Your Goods Being Used to Fund the Bank's Borrowing Base!
Credit Crisis Roundtable - Beware of Your Goods Being Used to Fund the Bank's Borrowing Base! Why you need to assert yourself to protect yourself and protect your position relative to your bank's... Using Purchase Money Security Interests... Why, despite the need, getting credit protection's going to be increasingly difficult... which customers are most important - the PhD explanation and the easy one! ... Are businesses and credit execs fighting for their lives now?? . . . keep reading
Credit Crisis Roundtable - Why the current downturn may be much worse than most expect
Are we Japan in 1989? ... Keynesian vs. Austrian economics and what that means: Policy implications the new president should consider. ... "Creative destruction" as a school of economic thought... The scope of derivative contracts worldwide... Why the current downturn may be much worse than most expect... . . . keep reading
Credit Crisis Roundtable - Skyrocketing Default Levels Predicted For 2009; Economic Policy From "Mars;" Managements in Denial
Tax policies that couldn't be worse... the lowdown on derivatives and how they impact trade credit; Tripling (or more) in default rates in 2009? ... Economic policy from Mars? ... Top management's in denial: the implications for credit execs... . . . keep reading
Credit Crisis Roundtable - Price of Credit Risk Protection Skyrockets; DIP Financing Disappearing
Credit Crisis Roundtable - Price of Credit Risk Protection Skyrockets; DIP Financing Disappearing CT: We'll kick things off with with Marc Wagman, Managing Director of Smyth Trade Credit. Marc is certainly an expert in credit risk, since he sells risk protection instruments. And he's also well-equipped to bridge the gap between what's happening in the capital markets and how that will effect credit managers. What are you seeing now, Marc? Wagman: With this very well publicized crisis that we're all in the midst of for at least the last six to eight weeks, I think it's safe to say that it was a real crisis of liquidity. However, I think it's changed so much. I think it's evolved more now into a crisis of risk aversion. These slides that we're going to go through were actually . . . keep reading
Credit Crisis Roundtable - Contagion Spreads "From Wall Street to Main Street"
How the credit crisis has gone "from Wall Street to Main Street" ... What were the triggers? How housing and derivatives and consumer spending fit into the equation... The implications for credit manager and investors ... "I'm looking down the tunnel and I see a light. I'm not sure if it's the end of the tunnel or if it's a train coming at me" ... "Uniformly, credit professionals are terrified out there." ... Best asset to own in Economic Armageddon ... Parallels with the Great Depression ... . . . keep reading
Credit Crisis Roundtable - The critical role credit execs have in helping their CFOs stay out of trouble
Credit Crisis Roundtable - The critical role credit execs have in helping their CFOs stay out of trouble How bankers use derivatives to improve the risk in a loan; why we're at the end of a six or seven decade expansion in debt... Why sales needs to change its mindset because of the new environment we're in... Why credit losses are fine, but administrative losses reflect very poorly on credit ... The critical role credit execs have in helping their CFOs stay out of trouble... A simple but very effective technique to get the resources you need to properly manage credit and do your job... why credit execs should now have a big say in promotional spending . . . keep reading
CreditPoint Software
 This Month's Survey
This month's topic: Credit Card Usage

Click here to participate! We're examining:
  • What percentage of credit departments are currently accepting credit cards
  • What percentage of sales are paid via credit card
  • The various ways by which credit cards can be accepted (phone, web interface, etc.)
  • Which merchant accounts are most popular
  • What discount rates are being charged
  • Lessons-learned when setting up an account
  • ... and much more!
 Tip of the Week

Credit Today's
FREE weekly
eNewsletter

 Credit Jobs Today
 Credit Calendar
Previous Month September 2010 Next Month
S M T W T F S
      1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30    
 SUBSCRIBE TODAY!

=================