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Perhaps, the main reason why we shifted our focus from collectors to consumers is that consumers may be misunderstanding some aspects of the collection process, which, in turn, may complicate collections for collectors.
In one of the previous articles, we covered the topic of debt collections from Millennials. Today, we take the other side of the barricades and talk about another debated industry’s issue — the debt situation of Gen Xers
The pandemic-caused lockdown forced Americans to stay home to avoid even the possibility of getting an infection. Living in the new normal, they reconsidered their daily routine, working remotely and applying to delivery services more often.
Cash flow is vital for any business. As a rule, strong cash flow indicates the success of an operation. According to the statistics, in 82% of cases, businesses fail because of bad cash flow management.
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