PayItMonthly Blog
Stay upto date with our most recent news and updates
How PayItMonthly Has Grown Over The Years
PayItMonthly Ltd was founded in August 2015, starting with just 3 members of staff. In 2018, over eight months, we took on four new members meaning by October 2018 we had a team of seven. Since April 2019 – our small PayItMonthly team is now made up of ten people and...
I have received court papers, what do I do?
So, you have tried to ignore the debt and hoped it would go away – you aren’t the first and won’t be the last. Unfortunately, it has gotten to the stage where we have had no other option but to pursue the outstanding balance through the court and you have received...
The importance of customers contacting us about payments
“I have been dreading calling you, but you have been amazing! Thank you so much for your help!” It is a common misconception from customers that when they call a finance company that they will be rude, dismissive, unhelpful. This is rarely the case in this day...
MNDA Charity Fundraiser 2018
After the fantastic success of our 2017 charity raffle, we have continued fundraising for Motor Neurone Disease Association (MNDA) in 2018. Motor Neurone Disease is a progressive disease that causes degeneration of motor neurons and wasting of the muscles. Motor...
Introducing Our New Product Option – Guaranteed
We know that the products we offer now are well suited to some businesses, but not all. So PayItMonthly continues to progress by adding a brand-new option, the Guaranteed option. What is this? The Guaranteed option does exactly what it says on the tin. You are...
Promote Your Finance Option
It seems obvious to say that by not letting customers know you offer finance will result in fewer sales. However, you would be surprised at the number of businesses that don’t put it out there. Some wait until they are asked “Do you offer finance?”; some just think...
Subscription Payments – Spreading The Cost
Giving your customers the option of spreading the cost for your service could increase sales and customer loyalty. People generally do not like being told that they have to pay a specific way. Most companies now offer a range of payment methods for customers to...
MNDA Charity Raffle 2017
PayItMonthly has recently completed our very first charity event. We were raising money for Motor Neuron Disease Association (MNDA) www.mndassociation.org. Motor Neuron Disease is a progressive neurodegenerative disease that attacks the upper and lower motor neurones....
How Offering Customers Monthly Instalments Can Improve Your Business
We work with a wide range of different companies who have improved their business by offering their customers the option of monthly instalments. Their orders have increased as has the average sale value. You can do the same things to improve your business. A business...
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 communicate. In these...