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 ...

This article was excerpted from Ultimate Credit and Collections Handbook. As an account ages, the chances of collecting on it decrease dramatically. It’s expensive to carry accounts that you will not ...

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 ...

Uncle Sam needs some help collecting unpaid taxes, so the Internal Revenue Service will now use private companies to tackle this growing backlog of debt. The IRS announced earlier this month that it’s ...

Add Yahoo as a preferred source to see more of our stories on Google. If your debt is sent to collections you'll need to take immediate steps to avoid the financial impacts. / Credit: Siriporn ...

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 ...

An old collections balance may have lost its legal bite, but paying it could come with unintended consequences.