Taurus Collect

APRIL 9, 2024

This is where the innovative concept of No Cure No Pay debt collection in the UK presents a compelling solution. Designed to mitigate financial risks and enhance efficiency in debt recovery, this approach offers businesses a safety net, ensuring they only incur a cost upon successful collection.

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Taurus Collect

JUNE 16, 2022

Having debts in the collection primarily means that a third party is pursuing you to retrieve payments for your debts on behalf of your creditors. Debt collection is a process that gives debtors certain rights that debt collection agencies must respect. They will call at unofficial hours.

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Debt Recoveries

NOVEMBER 27, 2022

Before they provide credit, have a look at what institutions with expertise, like banks do. Examine the credit applications’ repayment capacity (Consider this for large debts and seek financial information such as tax returns, assets and liabilities including bank statements). The post How to Prevent Bad Debts in 2023.

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Taurus Collect

OCTOBER 30, 2023

Navigating the convoluted terrain of debt collection can be a daunting task for businesses big and small. However, understanding the crucial steps in the debt collection process can empower businesses to retrieve owed money efficiently and legally, thus enhancing their financial health.

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Taurus Collect

DECEMBER 18, 2023

One enticing option is the ‘ debt collector no win no fee ‘ model, where agencies only charge for successful debt collection. No Win, No Fee: This model offers risk-free debt recovery. If the agency fails to collect the debt, you don’t pay anything.

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Taurus Collect

JUNE 13, 2022

If needed, your potential debt collection agency will also access your debtor’s personal banking information to determine whether your debtors have money to repay the debts, including their savings and investment accounts. How do reputable debt collectors operate?

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Qualco

NOVEMBER 7, 2023

Although 2022 saw a modest reduction in Non-Performing Exposures (NPEs) across the European Union, financial entities, including banks and servicers, are advised to proceed with heightened vigilance. This scenario underscores the pressing need for resilient and adaptable strategies in managing loan portfolios.

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