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June 2019

Disclaimer :
"Any views or opinions expressed in these blogs are solely those of the author and might not represent those of Access Credit Management Limited."

Debt Collection News Roundup – May, 2019

Submitted by admin on Mon, 03/06/2019 - 09:40

The team of experts at Access Credit Management are committed to making sure that we find the most interesting and relevant news about our industry, and once a month we publish a News Roundup.  This is intended to let you know what’s going on and keep you informed of all the important news within the sector so that you have a resource to make sure you receive of all the latest news.  It would be interesting to know what you, the readers, think of the stories that feature here.  Please join in by adding your comments on our Facebook page, twee

International Debt Recovery Advice for UK Business Owners

Submitted by admin on Wed, 05/06/2019 - 09:22

Late payment of commercial debts can have a seriously negative effect on the cash flow or a business, particularly for the small to medium sized businesses on which the UK economy depends so heavily.  Recovering a debt presents a set of challenges to any business, particularly if it’s a high value debt or if the debtor is based overseas.  When recovering a debt owed internationally, a business owner needs to consider how difficult it can be to recover money owed by a debtor in a different country with different laws and customs.  Being in a different time zone just adds one more level of co

Getting Rid of Debt = Getting Rid of Stress

Submitted by admin on Mon, 10/06/2019 - 09:39

In our regular monthly News Roundup article last week, we reported on the fact that the debt charity, StepChange has been raising concerns about people with long-standing debts receiving letters encouraging them to make more than the minimum payments.  The rules set out by the City regulator have resulted in some receiving follow-up reminders suggesting that they speed up their repayments and warning that providers may suspend their cards if action is not taken by March next year.  The rules were imposed by the Financial Conduct Authority (FCS) after it transpired that some providers are ga

It’s Official - Access Credit Management is One of the Best in Britain

Submitted by admin on Thu, 13/06/2019 - 10:26

Here at Access Credit Management, all of our team members take pride in their work in helping small to medium business owners recover debts owed to them.  We know that the UK economy depends largely on small to medium businesses which accounted for more than 99% of all private sector business last year and 60% of private sector employment.  In fact, small to medium sized businesses, with their combined annual turnover of £2 trillion (52% of all private sector turnover), are vital to the wellbeing of Britain’s economy.

Dealing with International Clients’ Non-Payment Excuses

Submitted by admin on Mon, 17/06/2019 - 09:37

When it comes to making excuses for the non-payment of a debt, some people seem to come up with some very convincing and creative reasons.  For businesses in the UK that deal with customer and clients overseas, getting an international debt settled can seem challenging, to say the least.  After all, the debtor is living in a foreign country, using legislation that may seem confusing to us here in the UK.  This is why it can be a great idea to call in the professionals when faced with non-paying overseas customers, and hire the services of an international debt collection agency that has the

How to Solve your Debt Problem

Submitted by admin on Wed, 19/06/2019 - 09:45

In one of our articles last week we  reported on the mental health issues that can be caused by debt – these are appropriately known as “debt related stress”, and we pointed out that ignoring the problem will just make it worse.  Financial advisors here in the UK agree with the mental health professionals that unmanaged debts lead to unmanaged stress.  Today, we’re going to be examining some of the challenges that face the 8 million people in the UK who are in debt.

How to Reduce the Risk when Trading Overseas

Submitted by admin on Wed, 26/06/2019 - 09:48

Thanks to technology and the Internet, we now all have access to a global marketplace – a market in which we can buy goods and services from all corners of the world from the comfort of our own homes.  This is great news for consumers who now have access to once dreamed of shopping opportunities.  However, for retailers who have taken their businesses online, the access to a global market audience brings with it some added financial risks.