Due to technology, operating a debt collection business from home has become easier than ever before. Modern communication tools allow contact with clients and receipt and storage of data and files ...

In order to keep your business ventures afloat, you must collect payment for your products or services. Unfortunately, not all customers are reliable. You likely have more pressing demands on your ...

Certain business models seem to have unshakable stigmas associated with them. Sometimes it’s deserved, such as from decades of unethical or sneaky behavior by players in the industry, and in other ...

The debt collection industry was estimated to be in excess of $13.4B in 2021 with over 7,000 collection agencies. With such fragmentation in the industry, practices by collectors vary widely and the ...

With the new collection agency rule of the Consumer Financial Protection Bureau (“CFPB”) having taken effect on November 30, 2021, 1 we thought we could help round out your understanding of the ...

The first step in developing a promotional strategy for your collection business starts with learning everything you can about the businesses for which you want to provide collection services. While ...

Freelance work, a product of the part-time economy trend, has skyrocketed as more companies turn to temporary contractors to fill position gaps. The U.S. has seen a vast increase in freelancers in ...

My sister-in-law owes a collection agency about $250 and I was wondering what is the best way to pay them and get verification that they have gotten paid? With the reputation that most of these places ...

If you have had past experience in the field of debt collection, then a logical new business venture for you to start is a collection agency operating from a homebased location. Generally, the duties ...