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5 Essential Debt Collection Software Features

Qualco

In today's regulatory environment, when it comes to collecting overdue accounts, the clear, overarching message is that the customer must be treated fairly and ethically. However, in a small number of credit businesses, the right strategies for systems and people have not been set. It offers readers five steps to strategy success.

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Top Reasons to Outsource your Debts to a Debt Collection Specialist

Debt Recoveries

Dealing with non-paying customers can be extremely frustrating, as any credit manager knows. While customers will do anything to avoid paying their debts, it is more practical to hire the services of a debt collection expert to persuade debtors to make payments. . Contact a Debt Collection Expert right away -?Adam

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Who Should Use Commercial Debt (B2B) Collections?

Credit Management Company

Business to business debt collection can be hard to understand at first. Check out this guide on who should use commercial debt collections. Even when you try to send customer debt collection requests, they have fallen on black days. This type of debt collection can be hard to understand at first.

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Common Myths About Using a Collection Agency

Credit Management Company

Therefore, many people find themselves encountering collection agencies at one point or another. Unfortunately, much of what people “know” about the debt collection industry relies more on myths than facts. When people believe these myths about using a collection agency, they often run into trouble.

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How to Prevent Bad Debts in 2023. Tips from a Debt Collector

Debt Recoveries

Tips from a Debt Collector . Credit control and debt collection are the two most crucial components of sustaining a solid cash flow since, as they say, cash is king. Here are some suggestions for proactive steps that may take to improve your credit control and, ideally, avoid having to deal with debt collection.

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4 Ways To Remove Collections From Your Credit Report

Better Credit Blog

A collection account will lower your credit score and can generally stay on your credit report for up to seven years. Often, a collection entry will even keep you from getting a mortgage or securing an auto loan, which is why it’s important to do all you can to remove collections from your credit report quickly.