![]()
The COVID pandemic has dramatically changed the way American consumers travel, socialize, conduct business — and handle their debts. Seasonality, consumer sentiment, and age at the time of listing are all factors that impact your AR flows In our last article, we teased about how this is one of the best times of the year for listing new accounts in collection. Today, we take a closer look at differing consumer sentiment and its impact on recovery success. We also reveal how soon after delinquency, you should list with a collection agency.
The Impact of this Statewide Bill on the Collections Industry and Our Clients While Colorado faces a rising number of COVID cases, many Coloradans also face lost or reduced wages, mounting bills, and possible eviction. Last June, the Colorado State Senate passed Senate Bill 20-211 to provide relief to consumers affected by the pandemic.
![]() You’ve just received notice from the U.S. Bankruptcy Court that one of your consumers has filed for bankruptcy. How should you respond? ![]() There are many reasons consumers may not be willing or able to pay their bills. These reasons primarily fall into four categories: Circumstantial, Emotional, Intellectual and Criminal. ![]() You probably know that cash flow is the lifeblood of your healthcare practice. But did you know that many practices fail because of ineffective debt collection? ![]() How can you determine if a collection agency is successfully performing for you? What sort of measures should you use? Like most businesses, the collection industry uses Key Performance Indicators (KPIs) to... ![]() Once you’ve decided to send an overdue account to a collection agency, what happens to it? Sometimes it depends on the type of debt that was incurred. The most common debts sent to collections are ... |
Credit Service Company, Inc.
Vertical Divider
2150 Lelaray St.
Colorado Springs, CO 80909 P.O. Box 1120
Colorado Springs, CO 80901 |
Any correspondence related to a dispute should be sent to:
Credit Service Company, Inc. PO Box 2247 Colorado Springs, CO 80901 |
This communication is from a debt collector and is an attempt to collect a debt. Any information obtained will be used for that purpose.
Credit Service Company, Inc.
is proud to be a Service-Disabled Veteran-Owned Small Business and HUBZone Certified. |