Michael Saltzstein: Credit Policies Matter for Your Business expertbusinessadvice.com According to Michael Saltzstein, company leaders should know that some of the most frequently asked questions by consumers involve credit options. This is especially true when buying a product or a service, which makes sense since many people nowadays pay using credit cards. Indeed, 60% of all consumers prefer to pay with a card versus cash. Not only is paying through credit convenient, but it also allows customers to pay in installments over time. However, with the proliferation of consumer credit, late payments have become more frequent. The fact is that late payments hurt businesses, which is why sound business credit policies matter, explains Michael Saltzstein. Sound business credit policies let customers buy goods and services they may not be able to afford at that very moment. At the same time, these policies ensure that these same customers can pay over a specific period. Of course, this also