Credit control is the process employed by financial institutions and central banks to regulate the availability and cost of credit in the economy. Its primary goal is to maintain financial stability, control inflation, and ensure sound lending practices.

Qualitative methods of credit control include:

1. **Credit Analysis**: Evaluating the financial health and repayment capacity of borrowers.
2. **Credit Scoring**: Using credit scores to assess risk levels associated with lending.
3. **Documentation Requirements**: Scrutinizing necessary documents like income proofs and asset declarations.
4. **Interviews**: Engaging directly with borrowers to understand their needs and repayment ability.
5. **Market Research**: Analyzing industry trends and economic conditions to assess potential risks.

These methods help enhance the quality of lending and minimize default risks.