Fri.Jan 25, 2019

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5 Reasons Why a Small Business Needs a Collection Agency

Turbo Recovery

Almost every business owner has encountered overdue accounts and unreliable customers can have a negative impact on your business. As a small business owner, you may not have the time to make frequent phone calls to collect debt and the older the debt gets, the harder it is to collect. Hiring a debt collection agency is one of the easiest and smartest ways to put the focus back on your business.

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TCPA, FDCPA Complaints Show Decrease in 2018

Consumer Financial Services Law

According to WebRecon's December 2018 Report, TCPA and FDCPA complaints showed a substantial decrease in 2018. WebRecon reports that, in comparison to 2017, FDCPA suits decreased 7.8% in 2018 and TCPA suits decreased 13.2% in 2018. According to WebRecon, "FDCPA complaints are at their lowest point since 2008." Picking up the slack were FCRA suits which increased 4.3%.

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Does My Small Business Need A Collection Agency / Law Firm?

Turbo Recovery

Almost every business owner has experienced the negative effects overdue accounts and unreliable customers can have on their company. As a small business owner, you may not have the time to make frequent phone calls to collect a debt and the older the debt gets, the harder it is to collect. At Point Law , we can make it easier. Hiring a debt collection agency and law firm is one of the easiest and smartest ways to put the focus back on your business.