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Credit Management

My Distance Learning College


With the development of business to its present extent, trading on credit has increased to considerable proportions. Managing the business money is therefore an essential skill to ensure a business obtains the best return on its revenue and to ensure a business thrives on a correct credit policy.

The course provides the skills and knowledge to achieve this goal.

Topics in this course includes:

  • The nature of credit
  • Bases of credit
  • Mercantile credit
  • Assessment of credit risk
  • Credit control
  • The credit department
  • Instruments
  • Money
  • Credit policy
  • Buying associations
  • Customers
  • Short-term finance
  • Insurance
  • Credit cards


On completion of your course, you will receive two qualifications:

Credit Management Diploma

Credit Management Diploma issued by My Distance Learning College, entitling you to use the letters SAC Dip after your name.

NCFE Level 2 Credit Management Award

This Course leads to an NCFE Level 2 Award Certificate for successful learners. That means that it is independently accredited at a level of learning equivalent to level 2 on the National Qualifications Framework (NQF) for England, Wales and Northern Ireland (in which case GCSE's are at levels 1 and 2 and A Levels are at level 3). In accrediting the program at level 2, NCFE attests that its learning outcomes are at an equivalent level to a level 2 national qualification.

This award has been designed by My Distance Learning College to meet specific learners' or employers' requirements. Accreditation by NCFE is a guarantee of quality. It means that this learning program has been scrutinized and approved by an independent panel of experienced educational professionals and is quality audited biannually by NCFE.


After each lesson there will be a question paper, which needs to be completed and submitted to your personal tutor for marking. This method of continual assessment ensures that your personal tutor can consistently monitor your progress and provide you with assistance throughout the duration of the course.

course quick facts
course code DED9418
cost $245.00
estimated time to
complete course
84 Hours
course materials
365 Days