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National Financial Awareness Day: Why Financial Literacy is Beneficial For Everyone

True Accord

August 14 is National Financial Awareness Day , making it an appropriate time to shine a spotlight on initiatives that can help improve consumer financial awareness in the collections space. Providing consistent outreach—especially in early delinquency—will give customers more opportunities to engage, understand, and resolve debt.

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How to Stop Capio Partners

Debt Collection Answers

Capio Partners is one such agency that focuses on debt collection in the medical field. This is especially relevant due to multiple consumer complaints alleging violations of the Fair Debt Collection Practices Act (FDCPA) against this agency. This company may also collect other types of debt.

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What is Commercial Debt?

Debt RR

To get you acclimated to this topic, commercial debt is any debt owed by a business or commercial venture. This debt is used exclusively for business expenses, asset acquisition, and improvements and is ever-present toward the start of most businesses. The post What is Commercial Debt?

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Dubai jailed Brit targets Saudi Royal Family over unpaid debts

UK debt collections

The Debt Recovery Action relates to their alleged failure to honour a deal that has left him facing imprisonment in Dubai. Mr Arnold was arrested this week in Dubai on charges of ‘unpaid debts’ which he blames on the failure of Saudi royals to keep their part of a legally-binding deal.

Lawyers 53
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What is a Debt Ratio and why it’s a Key Financial Metric

Debt RR

This also indicates a lower debt-to-asset ratio, suggesting the business is lower risk. There are downsides to low debt-to-equity ratios though. If the number drops too low, it can signal to investors or competitors that the company could benefit from an acquisition or buyout. Limit Short-Term Credit Accounts.