Your Virtual Credit Manager

OCTOBER 8, 2024

Companies selling other businesses on open terms need to ensure any collection agency partners can effectively collect non-performing receivables. Doing this involves taking a series of proactive steps. These measures will minimize bad debt losses, maximize collection rates and thereby help maintain healthy cash flow, but require the establishment of credit and collection policies with a mind to the possibility that the customer you approve for open credit terms might eventually not be forthcomi

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Credit and Collections Third Party Collections Bankruptcy Bad Debt 100

Accounting Department

OCTOBER 8, 2024

Budgeting is crucial for any business that wants to succeed in the long term. As a business owner of a small to medium-sized business, you may have experienced the challenges of creating and implementing a budget.

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Small Businesses 78

Reorg Blog

OCTOBER 8, 2024

Today, we consider an attempted “parade of horribles” in the Venezuela/Citgo sale proceeding, another dubious disclosure approval in Incora/Wesco and Judge Goldblatt’s Pension Claims Ruling in Yellow.

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CreditStrong for Business

OCTOBER 8, 2024

Getting a car can make a huge difference in your quality of life, job, and wallet. So it makes sense why there’s an urgency around buying a car even if it’s more difficult because of your credit history. How To Get A Car Loan With Bad Credit Car shopping with bad credit is difficult. You go in expecting a sky-high interest rate or an outright denial for the car you really wanted.

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Credit Scoring Credit Unions 52

Reorg Blog

OCTOBER 8, 2024

The post Spirit Airlines CCO Matt Klein ‘Very Pleased’ With New Initiatives; Company Will Be ‘Telling Its Story Publicly’ for 1st Time Through Advertising Campaign as It Confronts Bankruptcy Headlines appeared first on Reorg.

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Bankruptcy 52

CreditStrong for Business

OCTOBER 8, 2024

Perhaps you just got to the United States and aren’t familiar with the credit system yet. So you have no credit history, but you still need a car to make it to work. Maybe you’re a young car buyer who recently graduated and needs a car, but you haven’t built any credit history. When you’ve asked someone to cosign for you, they can’t or won’t. It can feel frustrating to try buying a car with no credit history or cosigner.

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Credit Scoring Credit Unions Default Insurance Companies 52

Reorg Blog

OCTOBER 8, 2024

The speed and aggressiveness with which Spirit Airlines is transforming is noteworthy, as it suggests that they may not yet be resigned to a near-term bankruptcy.

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Bankruptcy 52

CreditStrong for Business

OCTOBER 8, 2024

Building credit is an important part of your financial life. Your credit score determines the loans and credit cards you can qualify for and the interest rates of the loans you can get. You can build credit by making monthly payments toward your loans, so many people wonder whether paying their other bills can improve their credit score. What Bills Help Build Credit?

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Credit Scoring Credit and Collections Medical Billing Credit Reporting Agencies 52

Due

OCTOBER 8, 2024

According to financial experts, one way to learn about money is to educate yourself about personal finance concepts. Specifically, making informed financial decisions can be achieved by reading books , taking online courses, listening to podcasts, and consulting with a financial advisor. In other words, understanding how money works, from budgeting to investing , is essential to financial literacy.

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CreditStrong for Business

OCTOBER 8, 2024

Most utility payments will not appear on your credit report and will not affect your credit. Some services are available that will report utility bill payments, but some only report to one credit agency, and others charge a fee. Does Paying Utilities Build Credit? Paying utilities will only build credit if the payments are reported to the three major credit reporting bureaus: Experian, Equifax, and TransUnion.

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Credit Scoring Collector Credit and Collections Credit Reporting Agencies 52

Due

OCTOBER 8, 2024

The political landscape is often a hotbed of passionate debates, with individuals expressing strong opinions about the potential impact of different political ideologies on the economy. For instance, some argue that a socialist leader like Kamala Harris could lead to a dramatic increase in taxes, while others fear that a leader like Donald Trump could trigger a global conflict.

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