UK: SEC Proposes Comprehensive Reforms To Bring Increased Transparency To Credit Rating Process The Securities and Exchange Commission today voted to formally propose a comprehensive series of credit rating agency reforms to bring increased transparency to the ratings process and curb practices >>>> Read full story...
[Jun 18 2008 - 10:57:42 AM]

Extending credit is one way to attract new customers. However, any business that grants credit will be faced with the problem of bad debt at some stage. A well thought out collections strategy can >>>> Read full story...
[Jun 18 2008 - 10:56:02 AM]

USA: More late payments force firms to be tough Safeguards include asking for credit card or retainer

Many small-business owners are contending with some painful fallout from the economic slowdown: customers and clients who are taking longer to >>>> Read full story...
[Jun 18 2008 - 10:55:36 AM]

USA: Reuters Reports Small Businesses are Turning to Collection Agencies The Reuters news service yesterday published a story on small businesses and the collection process in continuation of reports in the mainstream press that shed some positive light on the accounts >>>> Read full story...
[Jun 18 2008 - 10:54:42 AM]

Pakistan Debt Rating Cut by Moody's on Political Risk Pakistan's credit rating was cut for the first time in nine years by Moody's Investors Service, which cited ``growing economic imbalances and renewed political difficulties.'' Stocks fell.
The >>>> Read full story...
[May 22 2008 - 1:18:00 PM]

USA: Health Care Collections Vet Sees Business on Upswing A little professionalism and respect goes a long way in collecting medical debt, says a veteran collection agency owner.

When it comes to collecting medical debt, Stuart Bloom’s number one rule is >>>> Read full story...
[May 22 2008 - 1:16:59 PM]

Cyprus: Private debt collectors can save creditors’ reputation in Cyprus “Hi, I’m calling from your financial institution regarding your late payment...”
Isn’t that embarrassing? Hundreds, and possibly thousands of Cypriots get this call every month because they have >>>> Read full story...
[May 22 2008 - 1:16:21 PM]

UK: Spending sprees plunge mental health patients into chronic debt UK: Spending sprees plunge mental health patients into chronic debt
Bipolar disorder can lead to impulsive buying, fuelled by borrowing at exorbitant rates By Nina Lakhani People with mental health >>>> Read full story...
[May 15 2008 - 8:32:45 AM]

Kenya: Changing Face, Skill of Debt Collectors Traditional debt collection methods like suing the debtor are often expensive and drag in courts. Besides, it does not make business sense to sue against a credit of less than Sh500,000.
The other >>>> Read full story...
[Apr 10 2008 - 12:55:38 PM]