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Credit Collections

  • How to Write a Credit Policy for Your Business
    The book, “Become the Squeaky Wheel,” by New Hampshire author Michelle Dunn, says the different ways people use and extend credit makes or breaks your credit policy and bottom line, which could result in less or more sales and money for your business. “Business owners all have different types of businesses but can all extend credit,” explains Michelle Dunn. “So it should only make sense that no two credit polices can be the same.” Dunn explai Read More...
  • Top 4 Collection Mistakes
    1. No credit policy in place. When you started your business you had a business plan and you use a marketing plan to publicize your business. Do yourself a favor and create a credit policy so you can have a financial plan. “Become the Squeaky Wheel” by Michelle Dunn gives you the tools you need to create a credit policy. 2. Extending Credit to anyone. When you go to buy a new riding lawnmower, or washer and dryer and can’t afford to pay al Read More...
  • Self Help Credit Repair
    Excellent TIP #1: Never EVER just pay off a collections or past due without getting in writing upfront that if you pay the item off, the creditor and/or the collections agency will agree to DELETE the entire matter from your credit reports. Excellent TIP #2: Never EVER pay via "check by phone" or give your personal bank information to a creditor or collections agency. Some companies have been know to later go back into your into your account Read More...
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