In House Collections Versus Using a 3rd Party Collections Agency

Oct 24, 2023 MicroBilt News

In House Collections Versus Using a 3rd Party Collections Agency

In the intricate world of debt management, businesses often find themselves at a crossroads when it comes to collecting unpaid debts. Deciding whether to engage third-party debt collection agencies or handle collections in-house is pivotal, packed with implications for financial health and customer relationships. Discover more...


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Mastering the Art of Debt Collection: 8 Need to Know Techniques

Sep 14, 2023 MicroBilt News

Mastering the Art of Debt Collection: 8 Need to Know Techniques

Debt collection isn't usually enjoyable, but it's a necessary part of any lending institution. Leaving too much outstanding debt out at one time can lead to financial instability and, in the worst case, insolvency. We saw this recently with the 2023 bank failures nationwide, leading to a mini-financial crisis. Keep reading...


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Debt Collection Services and Tools for Debt Recovery

Jun 14, 2021 MicroBilt News

Debt Collection Services and Tools for Debt Recovery

According to the National Consumer Law Center report of February 2018, approximately 70 million Americans had debt collection in the previous year.


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Sensitivity, personalization, and tech can achieve better collections

Jun 23, 2020 MicroBilt News

Sensitivity, personalization, and tech can achieve better collections

Once the COVID-19 pandemic passes and the various types of debt reprieves outlined in the CARES Act expire, businesses will be faced with how to collect monies owed to them.


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Collections and recovery: What you need to know moving forward post-COVID-19

Jun 09, 2020 MicroBilt News

Collections and recovery: What you need to know moving forward post-COVID-19

Emerging from the pandemic and moving forward won’t be easy. Businesses that need to collect money owed are likely to encounter challenges in recovery.


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