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DCA: Debt Collection Agency

When Should a Collection Agency Be Involved?

Overview While there are clever strategies to avoid debt collection, you may need to engage a professional at times. After all, you have a business to operate, and dealing with delinquent accounts may be...

When Receivable No Longer Collective!

Introduction The term receivable refers to a payment that has not yet been received. This implies that the corporation must have provided its clients with a credit line. Typically, the corporation sells both cash...
overseas debt collection

Top 5 Risk Mitigation Techniques For Overseas Debt

Introduction The term “credit risk mitigation procedures” refers to the collateral arrangements utilised by financial institutions to mitigate credit risk majorly involved with export business. There are inherent hazards that can be linked with...

Debt Collection in USA: Challenges & Solutions

President Joe Biden and other leaders of the world’s top economies agreed to a unified set of objectives to fight the coronavirus pandemic and promote global economic rebuilding during the recent G-7 summit in...

Why Engage DCA: Its Usefulness To Counter The Business Challenges

Businesses around the world are witnessing extraordinarily financial situations as a result of an increasing amount of debt, which can have a disastrous effect on businesses. Debt collection is a complex and time-consuming process...

Credit Assessment– Verification, Analysis, Reporting

Words like delicate, sensitive, touch-and-go, knotty….so far, and so on relates to Debt Collection which actually steals away the peace of mind for the one who is affected!! With trends and technology changing rapidly,...

Debt Collection: A Tricky Business

With trends and technology changing rapidly, the collections industry is facing a wide range of challenges. In current scenario of highly-spry society, it is difficult to locate debtors than ever before. Many creditors work...