Category Archives: Credit reports

Top 3 Signs a potential customer is a Credit Risk

How can you tell if a customer might be a credit risk?  There are signs you can look for. If they shy away from filling out any paperwork, be cautious.  If someone has good credit and nothing to hide they … Continue reading

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Posted in Being a Great Collector, Business Credit, Checking credit, Credit Crisis, Credit Crunch, Credit Policy Questions, Credit reports, Customer Service, Economic Crisis, Excuses, FAQ's | Tagged , , , , , , | Leave a comment

Setting Credit Limits

You have your signed credit applications, you are having your customers fill them out and checking references. Now your stuck. How do you decide how much credit to extend or if you should extend credit to this person? There are … Continue reading

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Posted in Business Credit, Checking credit, Collection Tools, Credit Policy Questions, Credit reports, Excuses, FAQ's, Foreclosure, Marketing | Tagged , , , , | Leave a comment

Getting a Handle on Credit Management

Who is “In charge” of your business credit? So many people can’t answer this question! Not a good thing! If you can’t answer this question you need to look around and decide who is going to be in charge of … Continue reading

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Posted in Being a Great Collector, Business Credit, Checking credit, Collections for Creditors, Credit Policy Questions, Credit reports, Customer Service, Education, Excuses, FAQ's, Getting Paid - Michelle Dunn - Business Finance Columni, Know your Debtors, Online Collection Techniques, Online payment options, Payment Plans | Tagged , , , , | Leave a comment

What to look for when extending Credit

When you extend credit, you are opening yourself up for risk.  When you do offer credit, you must make some assumptions: That your customer will pay you and has every intention of paying you even after they leave your store … Continue reading

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Posted in Business Credit, Checking credit, Collection Tools, Collections for Creditors, Credit Policy Questions, Credit reports, Customer Service, Economic Crisis, FAQ's, Getting Paid - Michelle Dunn - Business Finance Columni | Tagged , , , , , , | Leave a comment

Check every customers Credit

I know you all check a new customers credit when they place an order, but it is very important that you remember to re-check your customers credit.  Everyone’s credit changes all the time, so to protect your business be sure … Continue reading

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Posted in Ask Michelle, Being a Great Collector, Business Credit, Checking credit, Collection Tools, Collections for Creditors, Collections for Landlords, Credit Crisis, Credit Policy Questions, Credit reports, FAQ's, Getting Paid - Michelle Dunn - Business Finance Columni, Know your Debtors | Tagged , , , , | Leave a comment

Credit and Debt Collections Book Sale

Good morning everyone and happy spring! I am very happy to be able to offer you The Ultimate Credit & Collections Handbook, the check IS in the mail and The Guide to Getting Paid for $15 and $6.00 shipping through the USPS … Continue reading

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Posted in Ask Michelle, Auto Collections, Bad Checks, Being a Great Collector, Books, Business Credit, Checking credit, collection agencies, Collection Calls, Collection Letters, Collection Tools, Collections for Creditors, Collections for Landlords, Credit Policy Questions, Credit Reporting, Credit reports, Customer Service, Education, Email Collections, Excuses, Fair Debt Collection Practices Act, FAQ's, Industry Trade Publications, Know your Debtors, Laws, Legislation, Medical Collections, Online Collection Techniques, Payment Plans, Telephone Collection Tactics, The Life of a Bill Collector, Training, Uncategorized | Tagged , , , , , , | Leave a comment

Common Credit Catastrophies

If you are new to credit policies you may not be familiar with some common mistakes made when collecting on past due accounts.  Make sure you don’t make these mistakes: •           Not checking a customers credit history before extending credit … Continue reading

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Posted in Ask Michelle, Business Credit, Checking credit, Collection Calls, Collection Letters, Collection Tools, Collections for Creditors, Collections for Landlords, Credit Crisis, Credit Policy Questions, Credit Reporting, Credit reports, Economic Crisis, Getting Paid - Michelle Dunn - Business Finance Columni, Medical Collections, Recession | Tagged , , , , | Leave a comment

How Financial Reform affects your Business – Part Two

As a business owner there are some things you want to be aware of with the passing of this financial reform bill. One is that if you applied for and were rejected for a loan or you were denied a … Continue reading

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Posted in Business Credit, Credit reports, Economic Crisis, Heard on the Street..., Laws, Legislation | Tagged , | Leave a comment

Do you know your credit score?

I recently heard of a company called FreeScore that provides credit scores, credit reports and consumer credit information as well as identity theft protection services.  I signed up to check it out and was excited to be able to get … Continue reading

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Posted in Credit Crisis, Credit reports, Education, FAQ's, Helping Debtors, Identity Theft, Improve Your Credit | Leave a comment