article thumbnail

The Seven Habits of Highly Effective Credit Managers

Debt Recoveries

Hi, my name is Adam Stewart, Debt Collection Expert and owner of Debt Recoveries Australia. Since forming a debt collection company many years ago, I have had the opportunity to meet many small and medium enterprises (SME’s) and company owners and see how they manage their accounts receivable internally.

article thumbnail

What is Credit Control and How to be a better Debt Collector

Debt Recoveries

Credit control is the process of overseeing and collecting payments that consumers or clients owe your company. Establishing credit terms, assessing creditworthiness, generating bills, and keeping track of past-due payments are all part of it.

article thumbnail

How will Hunstein v. Preferred Collection & Mgmt. Impact The Collections Industry?

Credit Management Company

Preferred Collection and Management Services, Inc. and what it could mean for the debt collection industry. The debt collection company electronically sent the following information to its third-party vendor: The consumer’s name and address. Contact Us For Your Debt Collection Needs. Background on This Case.