Is your collection agency in compliance? The debt collections industry is increasingly regulated. Collection agencies have a bad reputation because of their many abuses, both perceived and real against debtors. Some unscrupulous collection agencies were known to: Use profane & abusive language. Call and confront the debtor at work. Call debtors to early or late based … [Read more...]
Archives for June 2012
Usury Laws By State
Usury Laws By State Usury is the practice of charging unreasonably high, exorbitant, and sometimes illegal interest rates on loans. Usury can also include late fee charges for collections. Each state in America has its own statute which dictates how much interest can be charged before it is considered usurious or unlawful. Usury Laws By State ALABAMA - the legal … [Read more...]
Trucking Collection Agency
Trucking Collection Agency View this trucking collection agency video testimonial by a transportation company, who had an accounts receivable problem with shipping brokers. This trucking collection agency video illustrates some of the issues when trucking creditors don't get paid for freight charges, and it shows: Trucking Collection Agency Trucking companies … [Read more...]