Taking Legal Action
Taking Legal Action Unfortunately, there are those customers who refuse to pay or stop paying without providing a good reason. Whilst we always endeavour to get these accounts back on track through our standard collections activity; some customers just refuse to...
Interest Free or Not Interest Free
Interest Free or Not Interest Free Having recently read an article on interest free deals, it made me think about how important it is for customers to understand exactly what they are signing up for. Interest free should mean just that. Now, of course, most of these...
The Importance of Affordability
The Importance of Affordability One of the first things many businesses do before offering a customer finance is to credit check them. And whilst there is no denying that this is a good indicator of how responsible the customer has been in the past; that’s not to say...
Why use PayItMonthly compared to offering finance in-house?
Why use PayItMonthly compared to offering finance in-house? When offering to spread customers payments, some companies will consider cutting out the middle man and offering finance in-house. This can be because they believe they will make more money doing it...