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3 Tips for Hiring a Debt Collection Agency

National Service Bureau

In reality, debt collection 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?

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7 Areas Your Business Could Cut Costs to Save Money in 2024

Direct Recovery

Use Savings to Pay Down Debt Debt 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 debt financing.

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Student Debt Weakens Retirement Security

Collection Industry News

The median debt amount for Americans older than age 50 was three times more in 2016 than it had been in 1989, especially for home, credit card, and student loan debt. Low-Income Elders Hurt Worse By Student Debt. More Than Half of Older Households with Student Loan Debt Hold Education Loans for Children or Grandchildren.