Featured Articles

TSMC: Volume production of 16nm FinFET in 2H 2015

TSMC: Volume production of 16nm FinFET in 2H 2015

TSMC has announced that it will begin volume production of 16nm FinFET products in the second half of 2015, in late…

More...
AMD misses earnings targets, announces layoffs

AMD misses earnings targets, announces layoffs

AMD has missed earnings targets and is planning a substantial job cuts. The company reported quarterly earnings yesterday and the street is…

More...
Did Google botch the Nexus 6 and Nexus 9?

Did Google botch the Nexus 6 and Nexus 9?

As expected, Google has finally released the eagerly awaited Nexus 6 phablet and its first 64-bit device, the Nexus 9 tablet.

More...
Gainward GTX 970 Phantom previewed

Gainward GTX 970 Phantom previewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
EVGA GTX 970 SC ACX 2.0 reviewed

EVGA GTX 970 SC ACX 2.0 reviewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Monday, 19 January 2009 11:20

Credit insurance messing up IT

Written by Fuad Abazovic

Image

Not paying the insurance money back


Credit insurance companies in Europe, who charge computer resellers and suppliers for insurance, have a new business strategy, at least in Europe they are being unusually late to get you your money back.

Many distributors around Europe are having financial difficulties and cannot pay for goods, and the worst case scenario, they are filing bankruptcy. Computer suppliers are relying on credit insurance companies but they are not avid to pay you on time, or sometimes at all.

So, if for example your customer went down, credit insurance company is there to cover the bill and what happens these days is that credit insurance company simply refuse to do it. They are being very smart about it, they are not answering your emails, phone calls or any other kind of communication, and all this after weeks or promises that they will play you within two weeks.

This puts additional pressure on computer resellers and suppliers and making the situation even worse than it should be. It is simply sad but true, but do you expect more from people who are living from others' hard work.

 

Last modified on Monday, 19 January 2009 11:33

Fuad Abazovic

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments