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If you work in the credit or debtcollection industry, you won’t want to miss these events and networking opportunities in 2020. RMAI Annual Conference… The post Credit & Collection Events to Attend in 2020 appeared first on Brown & Joseph, LLC.
According to the Heartland Alliance, nearly 1 in 3 Illinois citizens has a debt in collections, making Illinois one of the states with the highest… The post New Illinois DebtCollection Law Targets Consumer Debt appeared first on Brown & Joseph, LLC.
In reality, debtcollection agencies are the most useful means to get someone who has a legitimate contractual obligation to make good on their promise so that the honest businessman (perhaps yourself or your company) on the other side of the trade doesn’t get left holding the bag. Research the Company. Do they have insurance?
Hawaii’s bill amends the interest and usury law by defining “debt,” “finance charge,” and “credit” to include EWA products, and requires “annual percentage rate” to be calculated pursuant to the Truth in Lending Act (TILA). Each proposal is discussed below. Accepting payment from a consumer via credit card.
Use Savings to Pay Down DebtDebt servicing is another frustrating expense for businesses of all sizes, and the rising interest rates are making that a much bigger problem heading into 2024. One way to address this problem is to use rainy day funds to pay down any outstanding debtfinancing.
Many restaurant groups have relied on debtfinance to fund expansion and renovation, while the hospitality sector was also being affected by a continued shortage of staff, which has driven up wages. These are all thought to be significant contributing factors to rising figure of insolvent restaurant companies.
As the only debtcollection agency… The post Litigation & The Impact of COVID-19 appeared first on Brown & Joseph, LLC. Brown & Joseph has been providing accounts receivable management services to the insurance industry for more than 20 years.
Since the bottom 50 percent of older households are disproportionately, predominantly Black and Hispanic, this new debt source reinforces already existing inequalities in retirement security. More Than Half of Older Households with Student Loan Debt Hold Education Loans for Children or Grandchildren.
Introduction The majority of Americans are living beyond their means and accumulating massive amounts of bad debt. In fact, a recent report by the New… The post 13 Easy Tips for Living Debt-Free appeared first on Brown & Joseph, LLC.
Difference Between the Debt-to-Equity Ratio? The debt ratio usually refers to the debt-to-asset ratio, which is different from the debt-to-equity ratio. Where the debt-to-asset ratio compares how much debtfinanced a company’s assets, the debt-to-equity ratio analyzes how much of the assets were purchased using equity.
Since receiving funding on Dragons Den , the brand went on tosecure 420,000 (US$528,800) in investment 100,000 (US$126,000) from the NPIF FW Capital DebtFinance fund in 2019 and then 320,000 (US$402,900) in early 2020 to grow in the UK with retailers and bars, including Harvey Nichols and pub chain JD Wetherspoon.
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