Blogs on Various Topics
Since 1991 Cedar Financial has strived to become a leader in domestic and international debt recovery by putting our customers first.
Our mission is simple; to provide the most comprehensive and professional debt recovery services available to our clients. All this, while focusing on the unique challenges in your industry.
Our industries include international and domestic collections in Education, Healthcare, Commercial, Government, and Retail. At Cedar Financial, we believe in providing our customers with the facts of their industry to guarantee quality and excellence.
See below for a variety of up-to-date blogs posted by Cedar Financial to ensure you have the most accurate and recent information in your field.
Protecting Yourself from Breaches
As everyone’s lives are becoming increasingly digitized, the risk of data breaches rises every day. As a result, security is becoming the number one focus with most businesses, and for good reason. Securing a business from becoming a victim to cyberthreats not only protects the business as a whole, but protects the most precious asset, the consumer. How are you taking steps to protect your business from data breaches? Click to read more …Learn More
Battling the Rise of Debt and the Decline of Credit Reporting
With stricter reporting practices in play by the National Consumer Assistance Plan (NCAP), the amount of collection accounts listed with credit bureaus are rapidly declining. But this is not a sign of decreasing debt. In fact, household debt continues to be on the rise. So why is debt increasing while reporting is decreasing? Click to find out more and to see how Cedar Financial is combating this impact.Learn More
Statute Change in Washington
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The One Thing Every International Factor Needs
International factoring is an essential service that facilitates trade across borders. As of 2016, world international factoring was 507,112 Euros (approximately $600 million), according to Factors Chain International, the largest global factoring network.Learn More
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Cedar Financial Webinars
With an ever-changing industry, Cedar Financial strives to stay up to date, educate, and share our knowledge of the world of Collections. Webinars, based on compelling topics that affect us all, are hosted quarterly and free to join. Use these webinars as a way to be in the know, ask the questions you wish you had the answers to, and get expert advice on topics that pertain to your profession. Click below to view our latest webinar based on how the TCPA impacts students directly, and to learn how to join in on future webinars.Learn More
Managing Accounts Receivables Risk
A business needs accounts receivable to survive. After all, the goal is to provide a product or service and to get paid for it. However, mis-management of accounts receivable can lead it to get too high, which in turn can lead to unexpected financing, and a cash crunch that can harm a business and stop it from growing. A high accounts receivable from the outside can seem like a good thing, and a sign of a successful business. But the sign of a truly healthy business is one that can manage the flow of cash in and out all while keeping it balanced.Learn More
Massachusetts Made it Harder for Creditors to Collect Their Debts
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Malpractice in the Medical Collections Industry
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Using a Licensed Collection Agency in the U.S is Imperative
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