The most significant issue related to maintaining debt is that your credit score is affected, limiting new credit opportunities. You may have difficulty buying a new car, purchasing a home, or getting a credit card. Beyond that, you’ll have to deal with the constant phone calls and letters you’ll receive from both offline and online…
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It isn’t like the movies…. Have you heard of the statute of limitations? I’m sure you have and realize that limitations tell us how long you can collect from past-due accounts. Most want to know what the time of that limitation is. The truth: it depends. Collections Are not Like the Movies. In the Movies:…
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Credit Collection Service – Cans and Cannots It’s not easy to know everything you need to about credit collection services, but asking the right questions can help you gain a better understanding of what happens when your bill goes to a collection service and how it affects your credit. Can debt collection affect credit score?…
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How Much Transparency Is Too Much you ask…. Transparency and Authenticity go hand in hand. When you are sharing yours or your company’s store how much transparency or authenticity is too much. Even though you are being honest can you be too honest? Some use their struggles to impress upon a potential client how much…
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The question is: should small businesses hire a Collection Agency? Do you have unpaid invoices from clients? If so you are not alone. According to Sage 10% of most invoices are never paid or paid so late the company has to write them off, creating a total loss. If you own a small or mid-size…
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What do coaches, entrepreneurs, and business owners all have in common that is more important than money? It’s not personality. It’s not passion. It’s not support. It’s not extraordinary skills. It’s not looks. It’s not education. It’s not experience. It’s not even commitment. Even though all these can help in business and help you grow…
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Unlike other types of debt, medical debt is related to one’s health, which cannot be predicted or controlled. When unpaid, medical bills are often sold to debt collectors and can be reported to credit bureaus. If medical collections are reported, it can hurt one’s credit score, making it difficult to get loans, buy a house,…
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Tips about what you must know before choosing an Email List Provider First, let us say if you do not have an email list you are missing one of your greatest business assets. I’m sure you have heard it said the money is in the list. Whether you use your list to stay in contact…
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When searching for nearby collection agencies, it’s important to use the right resources to find the best results and the best collection agencies in your area. The search results you’ll receive for “collection agencies near me” will vary depending on your location. Your search engine may even show you local collection agency companies, listed at…
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Testimonies are the fastest way to close the sale. Build your testimonials by simply asking for them. If you have done a great job or offered a great product that supplies a solution for your clients, you have a right to ask for that testimonial. Testimonies are social proof! Yes, there are people who pay…
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