The world of debt collection can be confusing. With the modern world comes more choice, which translates into more decisions. When it comes to debt collection services, what’s best for you? Hiring an agency or using debt collection software?
16 Nov 20
Just like starting a company and navigating the business world, there are substantial lessons to learn when it comes to debt recovery.
5 Nov 20
Small businesses are the lifeblood of the NZ economy and if you run one, it’s your lifeblood too. Improving cash flow is even more essential for smaller businesses, and outstanding debts from your clients are a threat to this.
28 Sep 20
Before you make the all-important decision on the best debt collection method, including whether debt recovery software is right for you, it’s important to understand the process of debt collection in New Zealand.
24 Aug 20
Covid-19 has brought many things into the spotlight for us, including health and wealth.
5 Jun 20
Part of good financial planning is to have a good emergency fund in place to cover unexpected financial events.
17 Aug 18
As any debt collector knows, being owed funds is a tricky situation to be in.
11 Jun 18
As a small business, non-paying customers can be disappointing, frustrating, even infuriating.
18 May 18
With the end of the NZ tax year just behind us, it’s timely to consider the relationship between taxes and debt collection.
5 Apr 18
When compared to the size of our economy, New Zealand’s household debt level is one of the highest in the developed world.
19 Dec 17
Not all debt is equal; there is good debt and bad debt. If you are a debtor, debt is good if it will help you accumulate wealth in the future.
11 Nov 17
It’s easy to collect credit cards and buy on hire purchase. But along the way, you could find you have collected a whole mountain of debt.
25 Oct 17
Your credit record may be more important than you think. Information about your history regarding credit, debt, and repayment is being updated all the time and could have a big impact on you.
21 Jun 17
The highest percentage of credit card accounts that come past due occurs in the months after Christmas – 7.6 percent of Kiwis pay their credit card bills late.
30 May 17
The average student loan balance is close to $21,000. Almost 731,800 people have a student loan. In the year to June 2016, 40,695 borrowers repaid their loans in full.
23 May 17
Outsourcing the costs of recovering legal aid debt has left the Ministry of Justice nearly $175,000 out of pocket
24 Sep 16
You might think it’s just a forgotten library book, but with debt collectors visiting more than 300 Wellingtonians last year for outstanding library fines, that overdue book could put a mark on your credit history.
26 Jun 16
When you’re deep in debt, it’s not easy to climb your way out.
27 May 16