Credit control is the system used to make sure that it gives credit only to customers who are able to pay, and that customers pay on time. Credit control is part of the Financial controls that are employed particularly in manufacturing to ensure that once sales are made they are realised as cash or liquid resources .Credit Control is a critical system of control that prevents the business from becoming illiquid due to improper and un-coordinated issuance of credit to customers or even lending in a Financial institution.