Your Virtual Credit Manager

JANUARY 7, 2025

While multiple factors can contribute to an organization's financial downfall, insufficient cash flow is typically the primary trigger for bankruptcy proceedings. If you tolerate slow payments at the beginning of the relationship, it will be harder to get them to change their habits later.

Days Sales Outstanding 130

Days Sales Outstanding DSO Credit and Collections Accounts Receivable (AR) 130

CreditStrong for Business

SEPTEMBER 12, 2024

This includes: Late credit card payments Late student loan payments Collection agency activity Other missed payments toward debts Entries showing late payments, often referred to as delinquencies, remain on your credit report for seven years. on the due date are deemed as late.

Credit Scoring 52

Credit Scoring Credit Card Payments Credit and Collections Bankruptcy 52

CreditStrong for Business

MARCH 10, 2023

Most negative information such as late credit card payments, collection agency activity, and other missed payments toward debts remain on your credit report for seven years. Bankruptcy is an exception that may remain on your credit bureau report for up to 10 years. on the next business day.

Credit Scoring 52

Credit Scoring Credit Card Payments Bankruptcy Chapter 7 52