Debt RR
JULY 2, 2024
Enter commercial collection agencies—specialized firms that can play a pivotal role in optimizing your AR functions. Here’s why and how partnering with a commercial collection agency can be a game-changer for your business. What is a Commercial Collection Agency?
Nexa Collect
AUGUST 10, 2020
Instead of having to wait 30, 60, or 90 days for your customers to satisfy their invoices per your terms, you can collect the money immediately. Your creditworthiness isn’t a factor when you apply for invoice factoring. Factoring companies aren’t collection agencies. Approval Is Relatively Easy.
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Debt Free Colorado
FEBRUARY 21, 2022
When collecting a debt from you, collection agencies must adhere to federal and state rules. Fortunately, the federal Fair Debt Collection Practices Act (FDCPA) protects all states. The Fair Debt Collection Practices Act (FDCPA) does not apply to original creditors or cover company obligations.
On Guard
FEBRUARY 17, 2022
Checking customer creditworthiness. It also doesn’t hurt to check the creditworthiness of new customers. All kinds of smart tools are now available that continue to monitor the creditworthiness of customers throughout the year. Good insight doesn’t stop with determining creditworthiness. Gaining good insight.
Taurus Collect
APRIL 9, 2024
This introductory guide aims to explore the mechanics of No Cure No Pay debt collection and its potential to revolutionise financial management strategies for businesses across the UK. The Collection Conundrum: Details and Challenges Understanding collections goes beyond a simple “payment is due” notification.
Collection Industry News
APRIL 24, 2025
The bureau reports that, even though it leads to thousands of denied loan applications annually, medical debt is a poor predictor of a borrowers creditworthiness. They may attempt to collect payment through letters, emails or phone calls. After several months of non-payment, however, they may sell your debt to a collections agency.
On Guard
MARCH 15, 2022
Check the creditworthiness. It can be useful to check the creditworthiness of (new) customers. There are now all kinds of smart tools available that continue to monitor the creditworthiness of the customer throughout the year. A good insight does not end with establishing the creditworthiness. Tailored dunning.
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