Taurus Collect

MAY 18, 2023

Late payments can be a significant problem for any business, and when it comes to collecting unpaid invoices the situation can become difficult. It is important to know when the best time might be to escalate an invoice from your internal collection process and hand it over to professional debt collection services.

Collections 52

Collections Collection Agencies Collections Agency Legal Rights 52

Taurus Collect

NOVEMBER 15, 2023

Dealing with a collection agency can often feel like navigating a maze, especially when there seems to be a change in your account’s open date. If you’ve found yourself in this situation, you’re likely asking, “Can a collection agency change an account’s open date?”

Collection Agencies 52

Collection Agencies Collections Agency Collections Debtor 52

Taurus Collect

APRIL 3, 2023

Managing international debt recovery is complex, and it’s important to know the laws of each country to do so successfully. This blog post will break down everything companies outside of the UK need to know before recovering debts from British residents or businesses.

Debt Recovery 52

Debt Recovery Debtor Collections Collection Agent 52

Taurus Collect

MARCH 5, 2024

In the UK, an innovative approach offered by many a debt collector is the ‘no win, no fee’ model, providing a risk-free solution for startups to pursue owed money. This model not only alleviates the financial pressure on emerging businesses but also ensures that debt collecting in the UK becomes a more accessible process.

Startups 52

Startups Collections Debt Recovery Collection Agencies 52

Taurus Collect

JUNE 12, 2023

For business owners, one of the most dreaded aspects of running a successful company is what happens when customers fail to make timely payments. Thus, debt collection agencies are commonly utilised to ensure that funds due back to businesses don’t go unpaid.

Collection Agencies 52

Collection Agencies Collections Agency Collections Debt collector 52

Debt Recoveries

JUNE 25, 2023

There are several obstacles that business owners must overcome in order to operate a successful company in Australia, and one of the most typical of these is debt collection. 2 – Timely and Persistent Communication: In order to successfully collect debt, communication is key.

Debt Recovery 40

Debt Recovery Collections Collection Agencies Collections Agency 40

Fico Collections

DECEMBER 13, 2022

Digital Collections: 7 Things That Can Make You More Successful. Digital collections isn't a new concept, but it has taken on additional relevance in the current economic environment. Here are some tips for success. This story of digital collections starts with Steve Jobs. FICO Admin. Tue, 07/02/2019 - 02:45.

Collections 52

Collections Retail Banks Loans 52

CICM

JUNE 7, 2023

Ensuring your invoices are paid promptly and within terms is an essential item on the ‘to-do’ list for any business that wants to maintain a healthy cash flow position. In this blog, you will find tips that help ease the process, secure some ‘wins’ and streamline your business operations.

Collection Agencies 52

Collection Agencies Collections Agency Credit Management Collections 52

Taurus Collect

MAY 18, 2023

When managing your business’s accounts receivable, there are many important considerations. One such matter that may arise is whether or not to send someone to collections. Do Understand the Collection Process When understanding the collection process, knowledge is power.

Collections 52

Collections Retrieval Creditors Debtor 52

PDC Flow

AUGUST 17, 2021

It takes attention, time and patience to find the right system for the type of debt you’re collecting. President of First Collection Services, William "Chris" Dunkum has more than 30 years’ experience in the collection industry serving in sales, operations, and executive leadership. How do creditors affect workflows?

Collections 82

Collections Creditors Collection Agencies Collections Agency 82

Taurus Collect

SEPTEMBER 18, 2023

When it comes to managing international collections, one key aspect that often stands as a challenge for businesses is international credit checking. Ensuring the creditworthiness of international clients is vital to prevent financial losses and enhance the efficiency of your collections process.

Collections 52

Collections Bankruptcy Creditworthiness Debtor 52

Debt Recoveries

JUNE 11, 2023

One of the most important things for an Australian business owner to think about is credit control. An efficient credit control system makes sure that your company keeps a healthy cash flow, reduces bad debt, and increases profitability. It’s critical to evaluate a customer’s creditworthiness before offering credit to them.

Debt collector 52

Debt collector Creditworthiness Debt Recovery Trade 52

True Accord

SEPTEMBER 17, 2022

Creating an effective compliance strategy is a crucial component of a business’s chance of success. Using a high-level overview of what an effective compliance strategy can look like, this article will help outline how to create a compliance management system to help your business mitigate risk and keep your customers happy.

Collections 78

Collections Debt collector Government 78

True Accord

NOVEMBER 20, 2023

Both the federal and DC laws permit debt collectors to communicate digitally about a consumer’s account as long as the digital communications contain clear and conspicuous opt-out language with strict penalties for failing to abide by the opt-out provisions.

Debt collector 69

Debt collector Creditors Lender Collection Agencies 69

Taurus Collect

JUNE 15, 2023

Are you a business owner struggling to properly manage accounts receivable and collect past-due payments? It’s no surprise that debt collection is an increasingly competitive field, so understanding and leveraging the right tools could give your company the edge it needs.

Collection Agencies 52

Collection Agencies Collections Agency Collections Debt collector 52

PDC Flow

DECEMBER 28, 2021

On this episode of An In Debt Discussion , you can hear them discuss PCI compliance, what to look for in a payment software service and what PDCflow's FLOW Technology can do to streamline daily workflows. With each anniversary, we are more and more grateful for the customers, employees and partners that keep us in business.

Education 81

Education Banks Collections 81

Taurus Collect

MAY 11, 2023

If you have ever had to deal with credit card debt, you know it can be stressful. Debt collectors call at all hours of the day and pressure is put on borrowers to quickly make payments in full. It’s important to understand how credit card debt collection works so that you can find the best way for your individual situation.

Credit Card Debt 52

Credit Card Debt Collections Collection Agencies Collections Agency 52

The Kaplan Group

FEBRUARY 21, 2022

It’s always exciting to land a new client, but when that client does not pay you and the debt adds up, excitement turns into anxiety and disappointment. It may be time to consider hiring a commercial collection agency. We all know managing a business and the cash flow process is a financial pain point.

Commercial Collection 52

Commercial Collection Collection Agencies Collections Agency Collections 52

Taurus Collect

MAY 11, 2023

If you have a credit or debt-related problem, it’s likely that a debt collection agency could come into the picture. In this blog post, we’ll examine all six of these resources and explain what options are available for individuals with unresolved debts facing potential collections action.

Collection Agencies 52

Collection Agencies Collections Agency Debt collector Collections 52

PDC Flow

DECEMBER 7, 2021

It’s no secret that hiring has become a challenge in most industries, and the debt collection industry is no exception. While this cycle may be common for many debt collection agencies, it is possible to hire teams of talented and dedicated professionals. Can they do the job long-term?

Collection Agencies 81

Collection Agencies Collections Agency Collections Education 81

Re:Ceeve

JUNE 12, 2020

At the heart of any successful company are happy customers. Today, companies must think about the bigger picture by listening to customer needs, especially when it comes to debt collection. This inward-thinking approach has left a dark cloud hanging over the debt collection cycle and hampered the progress of many companies.

Collections 91

Collections Acquisition Retrieval Collection Agent 91

Fico Collections

JANUARY 3, 2023

Agile Collections Strategies Can Protect Loyalty in Tough Times. As economic victims swell the collections queue, do you have the tools you need to differentiate them and apply the correct treatments to different cohorts? Intuitive And Smart Collections Strategies to Offer Customer Safeguards. FICO Admin. by Bruce Curry.

Collections 52

Collections Lender Creditworthiness Creditors 52

True Accord

JANUARY 10, 2024

If you’re a creditor or collector working with financially distressed borrowers, considering consumer situations against the economic landscape and accommodating their financial needs and preferences when collecting is critical to your success. And as offerings grow, so do the issues the CFPB must watch.

Student loans 58

Student loans Student Loans Loans Banks 58

PDC Flow

DECEMBER 1, 2022

Every debt collector knows the struggle of getting consumers to answer their phones. But you need to collect certain key metrics to know these new tactics are working. Collecting and analyzing your data will help you understand how your business is performing and forecast future engagement and revenue. Chat Agents.

Collections 86

Collections Financial services Debt collector 86

PDC Flow

DECEMBER 14, 2021

Now, Vice President, co-owner, and founder of Debt Recovery Solutions of Ohio, Inc, she runs a thriving collection agency of her own. As a long time customer of PDCflow, we wanted to highlight Robertson’s accomplishments, as well as the success her agency has experienced under her leadership. How did you get started?

Collections 90

Collections Debt Recovery Collection Agencies Collections Agency 90

Debt Recoveries

DECEMBER 1, 2020

I run Debt Recoveries Australia and ADC Legal. One of Australia’s leading debt collection agencies and one of the most respected litigation service companies. What is Business Processing Outsourcing (BPO)? This is accomplished in a variety of ways, including: Allowing you and your employees to focus on what you do best.

Debt Recovery 52

Debt Recovery Collection Agencies Collections Agency Collections 52

Better Credit Blog

JULY 7, 2020

Is Bonneville Collections bringing you down? The agency could also be contacting you by mistake, which can be exceptionally frustrating as debt collection agencies are notorious for their repeated phone calls. Read on to learn more about how Bonneville Collections works and what you can do to get them off your credit report.

Collections 53

Collections Collection Agencies Collections Agency Fair Debt Collection 53

True Accord

FEBRUARY 17, 2022

Measuring the success of a recovery strategy goes beyond just the dollars and cents recovered. Yes, the goal of a recovery operation is to maximize profitability by efficiently recovering money lent to consumers, but other key factors — like consumer experience and retention — are also important in evaluating the success of your business.

Collections 52

Collections Loans Financial services Creditors 52

Better Credit Blog

SEPTEMBER 9, 2020

If you have been contacted by Sunrise Credit Services, you are probably being pursued for an old debt. Sunrise Credit Services is a debt collector that has been hired by your old creditor to collect payment on your debt. They may also have purchased the debt to profit off your payments. Validate the Debt.

Debt collector 101

Debt collector Collections Loans Creditors 101

Re:Ceeve

SEPTEMBER 10, 2020

However, data on its own is of little use—the real magic happens when you turn raw data into tangible assets that add value to your business. But how does this affect collections? These days, you can even see which keywords are likely to be most successful with each individual buyer. Data-Driven Collections.

Lender 54

Lender Collections Financial services 54

Fico Collections

JUNE 16, 2022

Meeting Debt Collection Challenges Amid a Squeeze on Income. In order to deal with the rising cost of living and other challenges, anyone managing collections portfolios and effective debt recovery strategies needs these capabilities. As with most walks of life it also applies to effective debt collection.

Collections 52

Collections Creditors Debt Recovery Debtor 52

Better Credit Blog

APRIL 1, 2022

To remove Capital One Collections from your credit report, you first need to know who currently owns the debt. In other words, has Capital One sold your unpaid credit card debt to another collection agency, or is the debt still with Capital One? Steps To Remove Capital One Collections From Your Credit Report.

Debt collector 73

Debt collector Credit Card Debt Collections Third-party Debt Collectors 73

Fico Collections

NOVEMBER 3, 2022

Debt Collection: Have We Learned the Lessons of the Last Crises? While the current series of economic shocks may seem "unprecedented", there are clear lessons from past crises that should shape our collections strategies today. Four Key Collections Factors Shaping Analytic Insights, Strategy, Policy and Execution.

Collections 52

Collections Creditors Debt Consolidation Debt Recovery 52

Re:Ceeve

SEPTEMBER 17, 2020

When it comes to collections, past-due customers can be divided along a number of criteria: demographic details, their contact preferences, their purchasing habits, and their repayment history (among other things). So how can you group similar customers together before creating targeted collections strategies that are most likely to succeed?

Student loans 85

Student loans Student Loans Collections Collection Agencies 85

Better Credit Blog

JULY 14, 2020

If you have noticed a company called Hunter Warfield to appear on your credit report, you are probably being pursued for an old debt. Collection accounts on your credit report can damage your credit score for up to seven years, even if you pay them off. Hunter Warfield is a medium-sized collection agency out of Tampa, Florida.

Debt collector 54

Debt collector Collection Agencies Collections Agency Collections 54

PDC Flow

JANUARY 12, 2021

Agencies across the country found themselves making the shift to remote workers , trying to keep up with state-by-state collection restrictions and dealing with other logistical issues caused by running a business during a pandemic. . 2020 has been an unusual year for the accounts receivable management industry (to say the least).

Debt collector 60

Debt collector Collections Collection Agencies Collections Agency 60

Fico Collections

JANUARY 6, 2021

Posts dealing with debt collection were among the most popular on the FICO Blog last year, for obvious reasons. They also offered perceptive tips for dealing with what they dubbed the “debt tsunami.”. They also offered perceptive tips for dealing with what they dubbed the “debt tsunami.”.

Collections 98

Collections Loans Lender Government 98