Perhaps inspired by David Letterman’s longstanding “Top Ten List,” a British firm recently compiled a list of common excuses offered by businesses for late and non-payments. The information is a distillation of statistics from a related survey and has enjoyed viral fame since being published on September 19. As one journalist pointed out, the content…
Selecting a debt collections agency for your business can be a job in itself. Since 1939, ACA International has been establishing ethical standards and educating both credit and collection professionals as well as businesses, policymakers and consumers on the most up-to-date debt collection compliance standards.
My name is Arthur Walsh and I am a debt collector working with a debt collection agency. I speak with you as somebody who loves what he does and wants to share his unique perspective. I function as a 3rd party arbitrator on behalf of our clients. My goal is to recover money when…
Unpaid debts are on the rise, but whether or not to hire a collection agency is still a valid question for many business owners. If you have a high volume of uncollected debt, the answer is obvious, but many businesses fall into a gray area. Collecting In-House If you’re unsure about whether to hire a collections…
It’s no secret that times have changed. Corporate consolidations, new technology, global markets, banking restrictions, security concerns and a tough economy all impact our business practices and can mean both positive and negative effects to the bottom line. Embracing, rather than ignoring, these changes can breathe new life into your small business via new…