Thursday, June 4, 2015

Tools for Creditors Collecting From an Estate

Procedural roadblocks can occur when attempting to resolve the debt of a decedent, but there are resources to help creditors successfully complete the challenging process.

More info http://bit.ly/1Q9pnfb

Federal Reserve Board’s Survey Reveals State of Economic Recovery

Consumers' financial outlook is improving, but there are still struggles with student loan debt, savings and retirement planning.

More info http://bit.ly/1IfX73r

Wednesday, June 3, 2015

Credit Card Debt and Delinquency Rates Remain Steady

A TransUnion report shows consumers opened 15 million more credit card accounts in the last year.

More info http://newsroom.transunion.com/transunion--credit-card-debt-and-delinquency-rate-remain-steady-as-15-million-more-accounts-opened-in-last-year/

The Middle Class Debt Problem Continues

Middle class families that accumulated debt for years leading up to the recession suffered when the credit bubble burst and now are trying to rebuild their wealth and ability to borrow.

More info  http://www.bloombergview.com/articles/2015-05-13/the-middle-class-has-a-debt-problem

Small Business Optimism Reaches Seven-Year High

The U.S. House of Representatives is focusing on legislation that can help small businesses access capital and reduce their regulatory burdens

More info http://financialservices.house.gov/news/documentsingle.aspx?DocumentID=399125

How a Collection Agency improves your Cash Flow

No matter how much you sell, if you don’t collect the money, you’re going to go out of business. As business owners, we often get so wrapped up in selling our products and services that we forget to take the time to ensure we’re managing our cash flow and receiving the money for those sales. But when it comes to your bottom line, you’d be wrong to simply focus on total sales dollars: You also need to focus on the cash collection of those sales. That’s where Credit Counsel, Inc. comes in. When your customers delay payments, they’re using your cash. We help you get that money in the door. We have several programs to recover your hard-earned cash back to your pocket. Most of our payment plans require a down payment and we do not extend out 30 between each payment. We will negotiate settlement terms with your approval. Credit Counsel, Inc. will become your constant reminder of a far improved cash flow position. Remember, your cash flow is not the same as your profits. You can have a profitable business, but a negative cash flow. If you’re too busy making sales and working in your business to worry about your cash flow, allow Credit Counsel, Inc. to work for you as an extension to your Credit Department. “Bad Debt” as you already know, is time sensitive. The sooner you refer your receivables to us, the greater the collection probability. Do not leave for tomorrow, what we are ready, willing, and most importantly, expertly able to collect for you today. We take pride in the outstanding results we have achieved for our clients. Call us today for the best collection rates 877-224-7904

www.creditcounselinc.com
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