Important Factors You Need to Know Regarding CFPB’s New Debt Collection Rule
Category: blog, Debt Collection Tips
Although most businesses want quick debt recoveries, debt collection is a delicate process, and as a client, you should work with a debt collection agency that provides a professional service. Especially in light of CFPB’s new debt collection rule or The Debt Collection Licensing Act in California, your debt recovery agency must be up-to-date on the changes in regulations that affect how they can operate. Curious what these regulations entail and what they mean for
If you often encounter overdue accounts or slow payers, it may have a negative impact on the business. Even if you keep a strict credit check on the credit standards of your clients, it may happen to you. That is to say, nonpayment issues are common when it comes to collecting a debt. Pay collection might have become a constant problem for your business. In that case, maybe it is time you should consider hiring
5 Tips for Hiring a Debt Collections Agency for Your Unpaid Invoices
Category: blog, Debt Collection Tips
Are you trying to avoid making calls to your client for debt collection? Do you fear an interruption in operational cash flow due to high account receivables? Do you foresee a possible cash flow choke due to delays in debtor payments? These vital questions highlight the significance of early debt collection. However, many businesses fail to utilize effective debt collection tips to ensure a healthy cash flow. Therefore, in such scenarios, it is necessary to
Struggling with Slow Paying Customers? Avoid 10 Common Invoicing Mistakes
Category: blog, Debt Collection Tips
While sending an invoice to your clients is a crucial aspect of being paid, many small businesses and companies are guilty of making some common mistakes that result in delayed payments. In this guide, leading debt collection agency Coast to Coast Financial Solutions is going to highlight these common mistakes so you can prepare an accurate invoice. Also Read: Things to Consider When Dealing with Overdue Invoices for Your Business Most Common Invoicing Mistakes TABLE
Things to Consider When Dealing with Overdue Invoices for Your Business
Category: blog, Debt Collection Strategies
Almost 20 years ago, Coast to Coast Financial Solutions Inc. was founded, bringing together 65 years of experience in debt collections by some of the industry’s best professionals. We base our business on the theory that all our clients have unique needs for collections, and cash flow is critical to any business. To that end, we offer customized and seamless strategies to provide each of them maximized recovery. The size of a business doesn’t matter