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The True Cost of Hiring a Commercial Collection Agency

The Kaplan Group

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. Today, we will discuss the true cost of hiring a commercial collection agency.

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Top Five Compliance Questions Answered by TrueAccord Compliance & Collections Professionals

True Accord

Whether you’re a startup or an established organization, understanding the laws and regulations that apply to debt collection can be overwhelming. Fortunately, the knowledgeable team at TrueAccord is here to help break down some of the top questions around compliance in the collections industry. This blog is not legal advice.

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How To Remove PMAB LLC From Your Credit Report

Better Credit Blog

Estimates suggest that close to one-third of Americans have debt in collections. Even a single entry from a collections agency can do damage to your credit score for several years. Getting rid of PMAB LLC and improving your credit score is simple, and it might not cost you a cent. How Does PMAB LLC Services Work?

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How Can We Reduce the Impact of the Debt Tsunami?

Fico Collections

As noted in my 2021 debt collection predictions , and in previous posts, what we are experiencing is nothing less than a debt tsunami. When we look forward to March 2021 we are likely to be impacted by the aggregate of: Seasonal post-December peak – high credit utilisation, worry later about how it will get paid.

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Even in a Crisis, the Best Collections Strategy Is to Avoid Collections

Fico Collections

Even in a Crisis, the Best Collections Strategy Is to Avoid Collections. With as much as 50% of consumers experiencing financial difficulty soon, it's time to review your early and pre-collections strategy and processes. IFRS9, Collections Strategy, Delinquency and Risk. FICO Admin. Tue, 07/02/2019 - 02:45.

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5 Best Credit Repair Companies – Updated April 2022

Better Credit Blog

The Credit People : Best for Low-Cost Credit Repair. We liken credit repair companies to a plumber: you can spend the time and effort into figuring out how to fix your leak yourself, but if you don’t want the hassle, a pro may be the best option. They are currently open 10-4 pm ET on Saturday and closed on Sunday.

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How to File for Bankruptcy

Better Credit Blog

Feeling crushed by debt is one of the most stressful situations possible, but there are options. If you find yourself saddled with more debt than you can reasonably pay off in a timely manner, you can always file for bankruptcy. Ad See how much you could save by consolidating your debt! Ads by Money.