According to ancient Voodoo belief, corpses sometimes rise from the dead to haunt the living especially those who owes or have done something awful to them. These nightmarish creatures are known as zombies. There are zombies among us; these are the zombie debts that seem to rise from the dead.
Previously:
On a dark Friday evening, a customer received a mysterious call from an alleged collection agency reminding her to pay a debt she could barely remember.
Now:
The situation that happened to our imaginary customer/debtor is not something new. As a matter of fact, the debt-buying industry is flourishing because of the hundreds and even […]
Collection agencies and firms are at dilemma. They want the consumers to pay their debt but don’t want to appear threatening or too demanding. The communications (phone calls, letters) they made with the debtor are of grave importance. It must show unwavering firmness, but also compassion and understanding. In this article, we will provide […]
Here is another set of bill collection letters you can utilize. You may change and edit the letters for fit your needs. These letters may help creditors and collection agencies to communicate effectively with their customers. It also provide for a foundation that could be the basis for you future exchanges.
Creditors should also be […]
Debt consolidation is available in various forms such that of: home equity loans, zero-percent credit card and debt consolidation loan. The creditor should be well informed of the mechanism of these things. He/She should examine how it works; identify the pros and cons; and see whether it fits the bill that the debtor needs […]
Do not be deceived by the picture of debt consolidation as an easy escape to debt pressure. Debt consolidation is a very risky and complicated manner of handling your credit concerns. Consolidating your debt means combining all of them into one. To do this you have to make one loan to pay off all the […]
In the earlier articles, we have been discussing bill collection in the consumers’ point of view. This article will try to feature bill collection activities in the light of the creditors.
It has been said that regardless of size and stature, every firm has its own set of collection problems. The depth of such problems […]