Posts Tagged ‘debt collection services’

Navigating Through Consumer Debt Collection – A Guide For Debtors

In: Business

14 Jun 2010

It begins with the mail. Then more aggressive mail. Then come calls on the telephone and worst of all, threats about credit reports or even a potential lawsuit.

Different Ways To Collect Debt

In: Business

5 Jun 2010

The truth of the matter is, the more time that passes between the time the payment was overdue and the time the consumer is contacted, the less likely you are to get any sort of payment. If you’re serious about making money back, there are three ways to handle collection on past debt; in house efforts, hiring a collection agency, or taking legal action.

Feds Arrest 2 In Buffalo For Debt Collection Scam

In: Business

5 Jun 2010

The U.S. Attorney’s office forwarded a criminal complaint Friday in U.S. District Court charging Timothy E. Arent and Neil G. Wieczkowski, both of Buffalo, N.Y., with mail fraud and conspiracy to commit mail fraud. Arent is also charged with bankruptcy fraud. The charge of mail fraud has a maximum penalty of 20 years in prison and a $250,000 fine. The bankruptcy and conspiracy fraud charges each carry a maximum penalty of five years in prison and fine of $250,000.

For Effective Cold Calling Fallow These 10 Tips

In: Business

1 Jun 2010

Cold calling. Just the name can send chills up your spine. There are efficient ways for sales professionals to prep before cold calling, says John Monderine, President of Rapid Recovery Solution, Inc.. He shares 10 tips guaranteed to take the chill off of cold calling.

The Best Ways To Collect

In: Reference & Education

17 Apr 2010

Companies generally succeed when they create relationships with their clients that are founded on trust. But, at times consumers do fall behind in payments to buy goods or services that they have received. There are a few ways to tackle this issue.

Super Bowl Scams Have Arrived

In: Business

17 Apr 2010

Be on the lookout if you are trying to buy tickets to Colts-Saints game. Scammers love to take advantage of the fans. Travel scams in all types of shapes and sizes come out of the woodwork whenever there is a landmark sporting event.

5 Proven Debt Collection Strategies That Improve Cash Flow To Your Business

In: Finance

7 Jun 2009

Businesses that are the most consistently successful are the the ones that have effective debt collection strategies in place. This ensures them that past due accounts are being paid and delinquent debts are being satisfied. This increases cash flow to the business.

What Your Business Needs To Know About The Fair Credit Reporting Act

In: Finance

20 May 2009

The Fair Credit Reporting Act affects every business. It is the means by which the FTC requires businesses to report only accurate information regarding the debts owed to the company by a debtor. Every business owner handling in house collections needs to fully understand The Fair Credit Reporting Act.

3 Important Steps To Improve Credit Card Debt Collection Efforts

In: Finance

15 May 2009

If you’re in the business of of issuing credit cards, an amount of financial risk is assumed, in that some customers, if not careful, can take on large amounts of credit card balances. It is also to be expected that there will be instances when some of those customers will default on their credit card responsibilities. As a lending institution, you need in place systems to address and collect this debt owed to you. If not, then your business can suffer great financial losses. It is just that simple.

Reasons Your Business Needs To Know About The Fair Debt Collection Practices Act

In: Finance

15 May 2009

The Fair Debt Collection Practices Act has proven to be very useful to people in need of reducing problems associated with harassing debt collectors. And, yes, it also has many benefits for the collection agencies as well. Through the enactment of sensible laws, the Fair Debt Collection Practices Act compels collection representatives to act in a professional manner that will ultimately benefit them as well.


Categories

Archives

Copyright © 2010 - blabstr.com - is proudly powered by WordPress