The term ‘credit trader’ is used where the property in goods passes to the customer on sale and the trader provides credit arrangements for paying for the goods. The trader will often arrange for an agency to collect the amounts owing.

It can be difficult to measure the trader's profits because the full proceeds of sale are brought into the accounts at the point of sale and, in the absence of any special arrangement, no allowance would be due at that stage for the credit collection costs, even though these clearly reduce the value of the sale.

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