Credit Where Credit Is Due: Women in the Collections Industry

By |2022-07-18T16:05:23-07:00April 18th, 2019|Editorial Calendar, News|

Did you know….of the 140,000 professionals in the collections industry, nearly 70% are women? Of course, it wasn’t always this way. In fact, before 1974, single women in this country couldn’t even get a credit card, much less forge a career in the credit industry. Let’s take a step back and see how the role of women in credit has evolved throughout the years.

Developing a Collection Policy

By |2022-07-19T13:49:38-07:00July 19th, 2018|Editorial Calendar, News|

If you’re a business owner, or an employee in your company’s credit department, you already know how difficult debt collection can be. But did you know that poor debt collection is often one of the main reasons businesses fail? Since cash flow is the lifeblood of any business, an effective collection policy is essential to keeping the money rolling in.

Recognizing the Early Warning Signs to Delinquency

By |2022-07-19T13:47:35-07:00April 25th, 2018|Editorial Calendar, News|

Any supplier of trade credit naturally assumes a certain amount of risk. With commercial debt, balances are higher and so are the risks. Some potential warning signs may simply be the result of a misunderstanding. But they could also be a red flag for a possible (and expensive) bad debt. Make sure your company is credit-savvy by recognizing the following six early warning signs.

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