As a business person, there are instances when your customers or business partners fail to pay their debts. Most business people will either write off these debts or take legal action against their debtors. Debt collection services that charge low commission rates can help you recover your debts within a short period. The primary benefit of hiring a debt collection agency is that you do not have to incur extra expenses when recovering the debt.
21 December 2020
The loan industry has gone through many changes over the past years, having to battle through recessions, unemployment and many other shortcomings. Yet despite this, the loan industry has seen itself be able to adapt accordingly towards the times and technology and thus enter new period of prosperity. Below are the most relevant and major trends you can expect to see continue in the future. Shift Towards Online Financing Online financing has seen a sharp increase in the last few years and is now generally considered to be a mainstream method to acquiring loans or financing.
14 February 2020
If it's time to buy a used car at last, there are several ways that you can prepare. You may have decided to work with an independent dealership because they offer easier financing than the larger financing companies or auto dealerships. Whilst easier used car finance is always a benefit, independent dealerships can work differently. Here's what you need to know -- and what you need to do -- before visiting the independent dealership to secure your used car loan.
21 February 2018
For a good number of Australians, the only way purchasing a car would be financially feasible would be if they secure a car loan. However, the process of getting a loan should not be simplified into just applying and waiting for a positive response. With a wide assortment of lenders to choose from, you would be best advised to know what your individual needs are as well as how to keep your overall costs low.
30 October 2017
It is inevitable to live without debt. Huge capital investments like buying a car or new machine for your business requires tonnes of money that you may not readily have. Thankfully, financial institutions like banks offer credit services where you can borrow a large sum of money and repay it in manageable bits over a certain period. Notably, banks must protect themselves by ensuring that the money they lend out is paid back agreed.
18 August 2016
If you've had your identity used to commit credit fraud, you can often find it hard to get loans in the future. Many people don't even realise that they have a bad credit rating until they head in for a car loan or similar credit facility and get rejected. Here are some tips to get you on the road. Get a copy of your credit report It's free and easy to access your credit report through the3 credit reporting bureaus.
9 August 2016
