Debt Collection Articles

September 29, 2022

Tips For Raising Credit Score in Singapore

Tips for raising credit score in Singapore. A credit score is an indication of your creditworthiness and it’s a number that is calculated by adding up the factors in your credit reports which determine how likely you are to repay a loan. The higher the score, the more likely they are to lend you money. Most lenders will only offer loans to people with high scores, meaning they have no chance of defaulting on their debt. A credit score is also used by prospective employers to assess how likely you are to be late or miss work. Tips for raising […]
July 11, 2022

How To Know If Debt Collector Is Legitimate?

How To Know If Debt Collector Is Legitimate? Unarguably, the world has become a very unsafe place with a lot of scammers and fraudsters seeking to take advantage of unsuspecting individuals. This has made it very difficult for people to trust anyone, especially when it comes to financial transactions. One of the most common ways that scammers operate is by pretending to be debt collectors to extort money from people. This is why it is important to be able to distinguish between a legitimate debt collector and a scammer. However, with the number of debt collection scams on the rise, […]
May 6, 2022

9 Easy Ways to Pay Off Your Debts

9 Easy Ways to Pay Off Your Debts – If you have a lot of debt, then it can feel impossible to get out of it. However, it is possible and you just need to work hard to make it happen. People acquire debts when they are in a financial crisis. This can happen when there is a sudden drop in income or when there is an unexpected expense. When this happens, debtors need to manage their debts responsibly. This does not mean that they should not try to reduce their debts as soon. It is a good idea to […]
March 18, 2022

How The Right Debt Collector Agency Can Help Your Business?

How The Right Debt Collector Agency Can Help Your Business? Debt collectors are often vilified in the media and by the public, but the truth is that they can provide an excellent service to businesses. A good debt collector agency can help your business recover money owed to you, and they can also help you avoid costly legal fees. How The Right Debt Collector Agency Can Help Your Business 1. They can help you recover money that is owed to you. If you have debtors who are not paying what they owe, a good debt collector agency can help you get the money back. They will work with the debtor to try and […]
March 8, 2022

Why You Should Hire Our Commercial Debt Collection Company

Why You Should Hire Our Commercial Debt Collection Company? Debt collection can be a stressful, complex, and time-consuming process. When it comes to collecting debts owed by commercial businesses, the challenges are even greater. That’s where our debt collection company comes in! We have years of experience and expertise in this area. Read on – Why You Should Hire Our Commercial Debt Collection Company! Our expertise As a commercial debt collection company, we have experience and expertise in this area. We’ve helped many clients collect more than 1 billion dollars in debts owed to them by commercial businesses over the […]
February 10, 2022

How Does Trade Credit Insurance Work?

How does trade credit insurance work? Trade credit insurance is a type of insurance that protects importers and exporters against commercial risks and helps to mitigate the risk of financial loss from those trading internationally. This insurance has become increasingly popular in recent years because of the increased exposure companies have when trading internationally. There are many reasons why you need credit insurance; however, the most basic reason is to mitigate the risk of commercial loss due to payment default. How Does Trade Credit Insurance Work? Trade credit insurance works by providing coverage for both non-payment as well as detection […]
November 12, 2021

3 Steps to Fixing Bad Credit in Singapore

3 Steps to Fixing Bad Credit in Singapore – Have you ever thought about what influences your loan applications? Or still, some things that make your applications for credit cards to be rejected? It’s probably due to your credit rating. With a bad rating, all your loans and credit cards application is going to be rejected. So, what is a credit score? How can you check your credit score and what are some simple ways to fix your credit score? In this post, we’ll cover everything you need to know regarding credit scores in Singapore and simple ways of getting […]
November 3, 2021

Tips to Pay Off Small Business Debt Fast

Tips to Pay Off Small Business Debt Fast – The quickest way to pay off small business debt is to cut back on unnecessary expenses immediately. There are several ways that you can cut costs, from reducing the number of suppliers who provide your office supplies and equipment to terminating contracts with outside parties such as advertising agencies or legal consultants. However, this course of action will only be practical if your business is already in a stable financial position, to begin with. Therefore, before you take this approach, you must establish that your business has positive cash flow (i.e., […]
September 2, 2021

Is It Worth Hiring A Debt Collection Agency?

Is it worth hiring a debt collection agency? Debt is often a word avoided by people as it invokes a sense of unease in the reader. Nevertheless, it is an integral part of most businesses. For those that are uninformed, debt is the amount owed by the borrower to a lender. Companies and businesses can be both debtors and lenders to multiple parties at the same time. Usually, debt is paid in regular intervals by the borrower to its lender. The amount owed by the borrower also must be paid within a set time frame to the lender. The amount […]
July 5, 2021

How To Successfully Budget Your Money?

How To Successfully Budget Your Money? Taking control of your finances is more important now than ever, but what is the best way to do this? How do you set up a budget, let alone stick to it to see results? Below are tips to help you successfully create a successful money budgeting system. Know your cashflow We know it can be intimidating to go through your bank statements and understand where your money is coming in, and where it is going out. This is an incredibly important step when it comes to budgeting. If you don’t know what is […]