Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Due to technology, operating a debt collection business from home has become easier than ...

Your credit scores determine everything from the interest rate you pay on credit cards and loans to whether or not you qualify for rental housing. Once your debt has been sent from a creditor to a ...

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 ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Certain business models seem to have unshakable stigmas associated with them. Sometimes it’s ...

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 ...

If a delinquent account has been sold to two or three different collection agencies, is it necessary to find and list all of them? -Bill Dear Bill, The life of an unpaid debt is long and can change ...

If you’re in trouble with collection agencies, you have strong rights under federal law to prevent those agencies from harassing you. Under the Fair Debt Collection Practices Act (FDCPA), collectors ...

Private debt collection companies will start working to collect overdue tax liabilities in spring 2017, the IRS announced on Monday. The IRS also announced that it has awarded contracts to four ...

Problem: Practices don't have a full understanding of their return on investment when contracting with a collection agency. Solution: It may be more cost-effective to pay your own employees to stay ...