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Debt Collection: Have We Learned the Lessons of the Last Crises?

Fico Collections

Research by FICO shows that customers who entered collections exclusively as a consequence of the economic downturn, before going through the full debt recovery cycle, had a dramatically different return to financial good (RtFG) of nine months, compared to the 2.5 years it took typical collections customers.

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The Power of Amortization for Small Businesses: Unlocking Financial Stability

Burt and Associates

While revenue growth and customer acquisition are often the focus, effective debt management is equally critical. One tool that stands out in managing debts and ensuring steady cash flow is amortization —a concept that can make seemingly insurmountable debts manageable and predictable.

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