Advice for Consumers Archives - Page 3 of 5

A few positive facts about debt collectors

If you spend any time on Google looking for a collection agency then you have no doubt seen many articles on various aspects of collection agencies, good and negative. The fact is that in any business, you see the exact same thing. Let’s take food for example.

How many times have you gone online to look for a restaurant only to find a wide range of reviews and opinions about that business. Some of these opinions are valid while other may be misleading. Not all businesses are created equal and that goes for just about any industry.

What we can tell you about the collection industry from a positive aspect is that this is a necessary industry […]

APR2020-09-16T11:42:57-04:00January 18th, 2018|Categories: Advice for Businesses, Advice for Consumers|

How Do We Help a Consumer the American Profit Recovery Way?

By Greg D.

Contacting consumers is probably the most obvious thing a collection agency does. Debt Collectors have a multitude of ways to reach out to consumers. We can mail letters to them. Some collection agencies may use email to try and get in touch. Unlike years ago we now have a website that consumers seek out and look for help and make payments on. But today just like 12 years ago when I started at American Profit Recovery, the number one tool in collections is the telephone and collector on the other end.

As one might imagine a collection call can go many different […]

APR2020-11-30T16:18:11-05:00May 12th, 2017|Categories: Advice for Businesses, Advice for Consumers|

Consider the Person Behind the Business

By John W.

In any social setting, when asked what you do, responding that you work for a collection agency can sometimes evoke a less than enthusiastic response from some. But why is this?

In most cases, our opinions are cultivated in reaction to our own experiences. So, your friend that rolled their eyes when you said what you do may likely be thinking of a past call that they received from a debt collector, or could be thinking of their grandpa’s experience getting in over his head and being on the receiving end of a collection agency’s efforts.

This is a one sided view however. What if […]

APR2020-09-27T14:10:54-04:00May 10th, 2017|Categories: Advice for Consumers|

Kids and Money

It’s no secret that many of our lifelong habits are acquired at an early age. From our attitudes about certain things, the foods we eat, the company we keep and many other traits. So why should money be any different? April is Financial Literacy Month so let’s help our kids by giving them some tools.

And for all you parents who have kids heading out for Spring Break, we suggest you send them this article right now. See if they can catch up on their financial education just a bit before they hit the beach…

For many, the discussion about money comes way too late when it comes to kids. And it shows in their habits as […]

APR2021-01-04T08:34:36-05:00April 6th, 2016|Categories: Advice for Consumers|

April Is Financial Literacy Month

April signifies so many things here. For one, spring is here and of course its tax season. It’s also Financial Literacy Month. Here at American Profit Recovery, we join many other collection agencies this April in helping to raise money for The ACA International Education Foundation which promotes financial literacy and the Loomer-Mortenson Scholarship.

We also try hard to always educate the consumer on how they can better manage their finances and when they do get into a tricky situation, how to navigate through it all. We’ve mentioned these tips several times here on our blog and on television interviews we’ve done but […]

APR2020-09-18T10:16:39-04:00April 2nd, 2016|Categories: Advice for Consumers|

Even More Ways to Save Money

Last time we gave you three quick tips to save money around the house and we’ve got a few more for you below. Many of us are always looking to save money to keep up with bills or the rising cost of so many items and these just might help you save a few bucks. Like we mentioned in our last money-saving blog, collection agencies like American Profit Recovery deal with consumers everyday that might have prevented the situation they are in by trimming back a little.

Here are a few more tips.

Easily track your spending: For many, tracking what you spend is about […]

APR2020-11-01T12:52:41-05:00March 9th, 2016|Categories: Advice for Consumers|

A Few Smart Ways to Save Money

If you’re a smart consumer or a small business owner, you are exploring every cost savings option possible to aide your monthly budget. We know the importance of saving a little money each month because as a collection agency, we see people every day that could have avoided going into debt if they just spent a little time and effort looking at their expenses.

Below we have a few cost savings measures to consider which may require a little effort but well worth it in the long run.

Reduce your credit card interest rate: It does not hurt to ask your credit card company for a […]

APR2020-09-17T10:08:48-04:00March 7th, 2016|Categories: Advice for Consumers|

Three random things you can do right now to save money

Ways your small business can save money.

While I could certainly think of more than three ways for you to save money, I looked into some simple yet sometimes forgotten ways you can save a little money. In fact, if you gave me time, I could probably come up with at least 50… Collection agencies including this one have contact with consumers that do not pay attention to simple ways to manage and save money. It’s very easy to sit down and think of a few ways to save some cash. Let’s start with three easy ones.

Compare credit cards: If you’re like most consumers, you […]

APR2021-01-31T16:43:20-05:00March 4th, 2016|Categories: Advice for Consumers|

What do you do with that credit report?

Once again, we are tackling the issue of the credit report. We have discussed this many times and yes, we’ll keep talking about it because it’s an important tool in your financial stability and if you’re not careful in watching this, you could be starring down the path of things you never imagined.

Working at various levels of a collection agency for over 20 plus years, I have seen many cases of individuals and businesses for that matter getting into unnecessary situations of adverse credit issues because of human error or criminal activity such as various levels of identity theft. As I have mentioned before on our blog, pulling […]

APR2021-04-03T15:22:10-04:00November 23rd, 2015|Categories: Advice for Businesses, Advice for Consumers|

Do you know what’s in your credit report and why?

I know we have gone over this before but it’s such an important topic that I feel it’s necessary to keep it in front of you. Pulling your credit report is an essential part of securing your financial future. Reviewing your credit in full to see who might have pulled your credit, looking for signs of identity theft and taking quick action to clean up any mistakes are vital to maintaining good credit and a good credit score.

You should be checking your credit report on a regular basis to ensure that there are no signs of identity theft and that nothing negative […]

APR2020-11-01T12:34:43-05:00October 27th, 2015|Categories: Advice for Consumers|Tags: Consumer advice, credit reports, How to|

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