Sun.Jan 19, 2025

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Why saying no almost always leads to yes

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If there are multiple outstanding invoices on your customer’s Statement then unfortunately my friend, you have a problem. When was the last time you cut off a debtor who owed you money? Said no when they asked you to do more work or provide more stock? Told them you’d only agree once they’ve paid you in full? If you’re like most small businesses the answer is never.

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CFPB Finalizes Rule to Remove Medical Bills from Credit Reports

Collection Industry News

WASHINGTON, D.C. Today, the Consumer Financial Protection Bureau (CFPB)finalized a rulethat will remove an estimated $49 billion in medical bills from the credit reports of about 15 million Americans. The CFPBs action will ban the inclusion of medical bills on credit reports used by lenders and prohibit lenders from using medical information in their lending decisions.

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