Welcome to the BYL Collections blog


 

Debt Collections with a Human Touch

Call nearly any customer service number and there will be an option to resolve everything through an automated system. Amazon has created a grocery store concept where a consumer can complete their entire transaction without any contact from...

DRTV: Infomercials need Collections too

Turn on the TV in the middle of the night or any time on certain channels and you'll see an infomercial touting everything from the latest fitness craze to the best gadgets for your kitchen. Known in the industry as Direct Response TV (a form of...

What is the difference between Consumer and Commercial Collections?

All collection agencies are the same, right? 

Wrong.

Collections agencies can be different in many ways including industry specialization and how they charge, not to mention customer service, transparency, and collection tactics. Some agencies may...

Understanding Millennials and Debt

Creditors and businesses marketing to millennials need to understand that their relationship with cash, credit and debt is drastically different than boomers or generation X. The millennial generation went to high school or otherwise entered the...

How to Pay Bills with Little Money

When money's tight, it's easy to fall into analysis paralysis and choose to ignore incoming bills. Unopened bills pile up, eviction notices, shut-off notices, and endless phone calls from debt collectors cause more stress. The shame of trying to...

How Rent Collection Varies by Conventional Housing vs. Student Housing

If you're considering investing in real estate and live within the vicinity of a college campus, you may choose to become a property manager of student housing. National Real Estate Investor reported that student housing continues to outperform the...

Guide to Finding a Local Collection Agency Near Me

When searching for a debt collections agency, many businesses will turn to internet search engines and use the terms "local collections agency" or "collection agency near me". An agency that is located in the same geographic area as the business...

Legal Tactics Often Used By Debt Collectors

One of the questions asked most often by our clients is, "What debt collection tactics do you use?" This is a very good question and typically reveals that the client has some idea about consumer rights and protections. Many of the posts on this...

The Best Way To Improve Your Credit Score

Credit scoring determines if you get a loan for a house, a car, or any other major purchase. Based on your past behavior with credit purchases and paying those debts, your credit score could also determine if lenders or creditors will trust you...

Medical & Cable Debt Collections Includes Equipment

Consumers who are cutting their cable or late on their bill can still be held responsible for debt to their cable company if the set-up box isn't returned. Individuals who have rented medical equipment are also liable if they are late returning or...