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Adverse Credit Debt Consolidation – Facilitates Financial Rebirth By Clearing Bad Credit.
Credit cards singly have done enough damage to the credit history of borrowers. Like a spoiled child, people began misusing the convenience offered through credit cards. Within a very short time span, there was a large group of people who underwent...
Credit Card Debt
If you can't sleep at night because of credit card debt worries,
you're not alone. Many people get in over their heads charging
things they think they can't live without.
You don't need to cut up all of your credit cards. Save your
major...
Don't Wait For The Perfect Situation To Pay Down Your Debt.
The number one reason people don’t get out of debt is they don’t try. This may apply to you. You want to, but never seem to do it. You put it off for whatever reason.
You want to wait for your life to be just right before you make...
How to NOT go into big debt while building your online business!
Copyright 2004 Tal Fighel Credit cards can be a great thing for the new online independent business owners who have just started their online venture. They are convenient, easy to use, and are very useful when it comes to taking those small baby...
Use Caution When Entering Into Debt-Consolidation Loan
To the person drowning in debt, a debt-consolidation loan looks a lot like a lifesaver. But agreeing to such a loan without understanding it completely could be a serious mistake. Here's the way it's supposed to work: You pay off all your small,...
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HOW TO DOUBLE YOUR DEBT COLLECTIONS
Believe it or not the success or failure of your attempt to collect a
debt is usually decided right at the beginning of your phone call -
with the very first thing you say after the other party says hello.
Knowing exactly what you’re going to say, and handling the call
in an organized, professional manner is the foundation upon
which collections are made or lost. There are four parts to a
professionally executed collections call:
Part One: The Open How you identify yourself, your company and
the problem. And how you place that problem before the debtor.
Don’t ask him when he’s going to get around to paying you or why
he’s putting you off. Otherwise you’ve made your move too soon
and you’ll be at a disadvantage right off the bat. Instead, put the
debtor in the position of having to explain himself. Say something
like “What are your intentions toward this bill?”
Part Two: The Facts - If the debtor doesn’t agree to pay the bill
early on, move into the next part of the call: asking questions about
his situation. It’s important to make a smooth transition here because
you don’t want to alarm the debtor. Say something like “Let me just
fill out an extension form for you.” Then you can start asking about
his job, whether his wife is employed, any outstanding loans he may
have, credit cards, etc.
Part Three: The Dun - Once your questioning has given you the
information you need
you can show the debtor a way in which he
or she can pay the debt. You know, for instance, that he can afford
to put it on his MasterCard, or that she could qualify for a bank loan.
Now you’re in position to make your demand for payment (the dun).
Part Four: The Close - Whether or not the debtor has agreed to pay
there is also a specific way you should end the call. And I don’t mean,
“Gee, thanks, have a nice day!” or “You’ve got your nerve!” Use an
open-ended question designed to put the debtor on the spot; something
like “Do I have your word on that?” If he has refused to pay or continues
to dodge and delay remind him of how serious the situation is; make it
clear that the problem must still be resolved. Be professional; don’t
insult him. Save any threats of legal action until you’ve contacted the
debtor several times without success and see no other option. Never
threaten legal action unless you fully intend to follow through, otherwise
you can be accused of harassment.
Collection calls are a necessity in bill collecting. Making the effort to
learn and use as many techniques as you can will bring results and increase t
he bank balance of your business.
About the Author
Jim Finucan has more than 12 years as a “top gun” in the collections business.
Visit http://www.tiare.com/pastdue.htm for more information on
bill collecting and his debt collections manual - Past Due!
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| Advertisements Promising Debt Relief May Be Offering Bankruptcy |
| Cautions consumers about ads in newspaper, magazine and telephone directories that offer quick fixes for debt problems. |
| www.ftc.gov |
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| Welcome to Debt Relief International |
| Welcome to the web site of Debt Relief International. |
| www.dri.org.uk |
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| Debt relief steps, your free guide to debt help. |
| Articles on debt relief, and credit management and repair. |
| www.debtsteps.com |
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| Factsheet - Debt Relief Under the Heavily Indebted Poor Countries ... |
| The HIPC Initiative is a comprehensive approach to debt reduction for heavily indebted poor countries pursuing IMF- and World Bank-supported adjustment and ... |
| www.imf.org |
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| Special report: debt relief | Special reports | Guardian Unlimited |
| February 6: A year ago the Guardian set out to track the west's promises of action for Africa on aid, trade, health and debt relief. As G8 finance ministers ... |
| www.guardian.co.uk |
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| Debt Relief Options - Findlaw for the Public - |
| Welcome to Debt Relief Options. This section contains information about the ... To begin, select one of the Debt Relief Options topics from the list below ... |
| bankruptcy.findlaw.com |
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| William Brewer |
| The Brewer Law Firm. William E. Brewer, Jr., Attorney at Law Board Certified Consumer Bankruptcy Specialist. 619 N. Person Street Raleigh, NC 27604 ... |
| www.debtrelief.com |
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| Debt Relief - InCharge Debt Solutions |
| There are many ways to get out of debt, for good, and it may be easier than you think. The first step is knowing your options, the second step is taking ... |
| www.incharge.org |
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| Economic Policy and Debt |
| May 2006, IMF And World Bank Support Cameroon’s Completion Point Under The Enhanced HIPC Initiative And The IMF Immediately Grants 100 Percent Debt Relief ... |
| www.worldbank.org |
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| Economic Policy and Debt - The Enhanced HIPC Initiative |
| The Initiative’s debt-burden thresholds were adjusted downward, which enabled a broader group of countries to qualify for larger volumes of debt relief. ... |
| www.worldbank.org |
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| Debt relief - Wikipedia, the free encyclopedia |
| Debt relief is the partial or total forgiveness of debt, or the slowing or stopping of debt growth, owed by individuals, corporations, or nations. ... |
| en.wikipedia.org |
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| Debt Analyzer, Debt Reduction Software, Home Page |
| Debt Elimination at its best! Potential savings of hundreds or thousands of dollars! Build debt reduction, timed elimination or consolidation schedules. |
| www.debtanalyzer.com |
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| Superior Debt Relief |
| We help you get rid of credit card debt much faster than you may believe possible with credit card debt settlement and negotiation tactics, providing debt ... |
| www.superiordebtrelief.com |
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| Debt Relief - Social and Economic Policy - Global Policy Forum |
| Aid Inflows, Debt Relief Yet to Translate into Reduced Poverty (March 20, 2006) ... Fearing that the IMF could tie debt relief to economic benchmarks, ... |
| www.globalpolicy.org |
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| Debt Relief - Global Policy Forum - Social and Economic Policy |
| Debt Relief - Global Policy Forum - Social and Economic Policy. The Debt Relief Page Has Been Moved to: ... |
| www.globalpolicy.org |
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| BBC NEWS | Business | Q&A: African debt relief |
| BBC News looks at the progress of international debt reduction efforts, and the sticking points which continue to hamper the process. |
| news.bbc.co.uk |
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| Debt Relief Australia - Start Reducing Debt Today! |
| Debt Relief offers Australians in debt assistance with finding the most appropriate debt relief solution. |
| www.debtrelief.com.au |
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| Debt Consolidation Australia, Debt Relief & Bankruptcy Information |
| Specialising in debt agreements, mortgage refinancing and bankruptcy. Company profile, calculators, solutions, media releases, testimonials and existing ... |
| www.foxsymes.com.au |
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| Oxfam - Debt and Aid - Debt Relief for Nicaragua: breaking out of ... |
| Oxfam policy paper on relationship between international debt servicing and poverty. Linked to table of contents and also zipped for download. |
| www.oxfam.org.uk |
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| What debt relief means for Africa | csmonitor.com |
| This weekend's $40 billion debt cancellation deal could spark major improvements in the lives of the world's poorest people. |
| www.csmonitor.com |
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