I received the following question from a Minter via Twitter @johnulzheimer. “John, I had a collection for a defaulted credit card bill from three years ago. I want to buy a house and the collection agency told me that if I paid the bill they’d delete it from my credit reports. Their offer sounded suspiciously good so I did some research online. I found some stories talking about “pay for delete” deals working and I found just as many suggesting that those offers…
Homeowner’s Associations (“HOAs”) are a prevalent feature of modern property ownership. HOAs are known to increase property values through maintenance
Large debt loads are a reality that most households are dealing with, and often, bill collectors are part of that situation.
Sometimes the surprise of an unexpected medical bill is worse than the bill itself. The reasons your medical bill is what it is are complicated and often difficult to for the layperson to understand.
In slow economic times, keeping close communication with the accounts payable department of your customers is an appropriate task for a salesperson.
Understanding the legalities and importance of timing can help get the most out of collections.
Those phone calls that begin with a salutation followed by a surname seldom bring good news.
Sometimes it’s difficult to determine when it is no longer profitable to continue in-house collection efforts on past due accounts and when to turn them over to a third-party agency. This in-depth article covers... 7 specific reasons to consider using an agency 4 things to learn when considering an agency 4 questions to ask an agency’s references 6 factors to consider when deciding when to place…
Even the best debt collection agents are only as good as the tools that they have available to them. Giving delinquent payers flexibility in the way that they pay their…