Remove Collections Remove Credit Management Remove Debt Recovery Remove Loans
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Enhancing Credit Management with Automation and Real-Time Data

Qualco

Artificial Intelligence and Machine Learning automate credit scoring, making loan approvals swifter and more accurate. These advancements, combined with user-friendly digital platforms, can transform the entire credit industry, making it more efficient, transparent and tailored to individual client needs.

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Profits rise at debt recovery agency as collections increase

Collection Industry News

Debt recovery agency Everyday collected €15.6 The increased collections helped the company achieve a significant rise in revenues, which increased to nearly €5 million from €3.03 A breakdown in revenues shows turnover secured from the servicing of non-performing loans jumped from €1.6 Source: site. million to €3.8

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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.

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Sell More to Offset Bad Debt?

Receivables Control

You lose cash flow, you have reduced profits, you lose people’s time in pursuing the sale, and you lose time and expense attempting to collect the debt. If your company’s funding is tied to an asset based loan, your lending costs and restrictions on your borrowing base can be crippling. Recovery Assistance.