Credit and Collection Management Practices of Credit Cooperatives in Valenzuela City

Abstract

The study attempted an exploratory research on personnel connected with credit cooperatives to assess the effectiveness of their credit and collection management practices. There are 4 aspects used in the study namely requirements and granting/rejection of loan for credit management practices. Also, billing and notices under collection management practices. All 4 aspects were found to be effective. The study concluded that credit and collection management practices are effective in all aspects, must find ways to continuously improve its existing practices for the benefit of their members and their cooperative as a whole.