Debt

Don’t let your cash flow take a vacation

Summer is upon us as well as vacation season and long weekends. And for many that can mean a few critical tasks taking a back seat in your business. One regular task in your business that should stay front and center is invoicing and follow ups. Regardless of the time of year.

One of the biggest factors in any business growing is cash flow. Lack of cash flow is responsible for not only stress in a small business but it can cause a business to go under in no time. Imagine, coming back from a nice relaxing vacation only to find you have very little cash in the bank. […]

2020-11-01T12:37:01-05:00June 24th, 2015|Categories: Advice for Businesses|Tags: , , , , , , , |

Collection Agencies Save The Average Household 479 Per Year

A recent survey by Ernst & Young and ACA International on the health of national and state economies in the U.S. shows that they continue to rely on the recovery of rightfully owed consumer debt.

This is where third-party debt collectors come into the picture, they are key in the recovery of debts and assisting the economy on the state and national levels.

Some of the key findings about third-party debt collectors from the survey are about job creation, outstanding debt and giving back.

When it came to job creation, the collection agencies directly employed more than 136,000 people, with a payroll of $6.4 billion.

With outstanding debt, third-party debt collectors received approximately 1 billion consumer accounts from creditor […]

More valuable advice on how to handle a call from a collection agency

On Friday, April 4th, The Association of Credit and Collection Professionals “ACA” was the sponsor of a two-minute consumer advice segment that aired on 210 Independent, CW and FOX stations from coast to coast. The segment, called The Daily Buzz, reached an estimated 77 million households in 156 media markets nationwide.

The segment goes over again, what consumers can do if they get a call from a collection agency.

To learn more about the segment click on the link below and watch the ACA sponsored segment of The Daily Buzz. There’s some great advice for consumers.

http://www.acainternational.org/images/14197/BuzzTalkSegment.mp4

2021-01-04T09:40:11-05:00April 10th, 2014|Categories: Advice for Consumers|Tags: , , , , , |
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