Your Virtual Credit Manager

MARCH 19, 2024

.” Triggers, events or situations that require an immediate response, help take care of the aforementioned contingencies that crop up during the collection process. Recognizing trigger events allows you to change course during your collection process to address emerging situations.

Bulk Transfer 100

Bulk Transfer Credit and Collections Bankruptcy Third Party Collections 100

CreditStrong for Business

AUGUST 2, 2024

Late payments and other negative events will remain on your credit report for seven years and hinder your score to some extent. Other documentation: Evidence of bankruptcy filings, canceled checks, and others. Beyond 30 days, you should expect the adverse impact of a late payment to worsen at key intervals such as 60 and 90 days.

Credit Scoring 52

Credit Scoring Bankruptcy Credit and Collections Third Party Collections 52

Your Virtual Credit Manager

DECEMBER 26, 2023

For the past year, the number of commercial bankruptcies has been trending upward and is at a 4-year high. Requests for extended payment terms Request for an increased credit limit Notices of derogatory events (e.g. If you haven’t, you almost certainly will. These folks raise frivolous disputes and are otherwise bad actors.

Collector 130

Collector Credit and Collections Default Third Party Collections 130