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Debt Collection Challenges and Tips to Overcome Them

Debt collection is not an easy industry to be a part of. But in this article, we want to tackle the most common debt collection…

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6 Top Collection Challenges

The rapid rise of digital services has driven a change in what consumers expect in every area of their lives. Credit collection companies can’t only…

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late payments
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What Communication Method Works Best for Late Payments? Text, Phone Call, or Email?

Debt collectors have various stages in the processing of recovering late payments. Some of the methods and techniques they use involve multiple communication channels, depending…

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How to Adjust Your Collections Strategy for Business Recovery

Covid-19 is continuing to have drastic effects on businesses across the globe. In an effort to keep people safe and slow down the spread, many…

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automated payment reminders
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Here’s How Automated Payment Reminders Can Increase Collection Rates

Late payments have become an increasing concern for businesses across the world. Incorporating automated SMS payment reminders into customer communications is a simple solution that…

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business debt solutions
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The Secret To Lowering Business Debt Is Right In Front Of You

In this article, we will reveal the secret to reducing business debt in retail. In theory, store credit cards are good for your business. They…

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