How Debt Collection Impacts Your Credit Score

It has been a recent concern for Americans to handle their increasing debt and the implications that come with it. With every passing year debt is becoming a more pressing issue for the average American, rising to about $11.67 trillion approximately per household across the U.S.

Tech-Powered Collections: How Technology is Transforming the Industry

In an era where technology is transforming industries left and right, it’s time for the debt collection sector to catch up. This article discusses how cutting-edge technologies revolutionize debt collection, promising a smoother, more effective process for creditors and debtors.

How to Maximize Recovery Potential in Commercial Collections

Most businesses need help recovering unpaid invoices from services and goods rendered to other companies that land them in a situation of low cash flow. The lack of funds and revenue creates issues with low cash flow that can hinder business growth and prevent new projects from getting piloted.

Top 5 Challenges of Commercial Collections and How to Manage Them

There are various challenging aspects to handling the financial side of business transactions, be it the rendering of services or provision of goods; one must deal with customers and payment woes in all cases. A rising issue most businesses face is the mounting accounts receivable resulting from unpaid accounts and elusive customers, making debt recovery harder and the revenue stream thinner.