Welcome to the BYL Services blog


 

How to Ask for Money: Tips To Get your Customer to Pay Their Bills

If you're reading this, you may already be dealing with a client or customer who isn't paying their bills on time. Asking for money is stressful, in general, but especially when customer debts are past due. Even more frustrating is when those...

Why All U.S. Consumers Should Pay Attention to the Wells Fargo Scandal

Last week, the Consumer Financial Protection Bureau (CFPB) fined Wells Fargo $185 million for illegal and fraudulent sales practices. According to the CFPB, Wells Fargo employees had opened two million credit card and loan accounts without account...

The FCRA, Credit Reporting & Debt Collection

As a rule, debt collections must be fair and honest per regulatory compliance at the federal and state level. The Fair Debt Collections Practices Act dictates what is construed as abusive and deceitful debt collections practices at the consumer...

Is your Business TCPA Compliant?

According to a recent report, year-to-date figures are indicating that consumers are filing less FDCPA claims. What that means is that businesses and debt collectors are staying readily compliant with the Fair Debt Collection Practices Act, which...

Why Does a Collection Agency Have to Comply with the FDCPA?

Dealing with overdue accounts can be frustrating to any business owner, landlord or accounting professional. In some cases, by the time the account reaches a third party debt collection partner, the attempts at collecting may have pushed the...

What do Collection Agencies Charge for their Services?

If one or more clients are past due, it affects your business. Phone calls have not been returned, collection letters are unanswered... is it time to write it off or hire a debt collection agency? When considering outsourcing debt collection, many...

How to resolve past-due invoices when your B2B customer won’t pay

In the world of Business-to-Business commerce, receiving timely payment is often the lifeblood of a B2B operation. For the company providing the goods or service, the seller's or service provider’s payment terms are often defined in the purchase...

Past Due Rent: When to send Student Housing Accounts to Collections

Turn, turn, turn...

It's turn season for managers and landlords of student housing. Preparing for incoming students can consume quite a bit of time to those managing properties near universities and colleges. With August approaching quickly,...

How to Increase your Startup's Appeal to VC's

Venture capitalists receive hundreds of emails from passionate entrepreneurs ready to discuss their latest startup idea. If you manage to secure a call or a meeting, you still have to convince a sharp investor that your idea is viable and worth...

Utility Companies Continue to Outsource Debt Collection

Earlier this year, Puerto Rico was left with no choice but to attempt to restructure its current utility debt. With its population facing a decade-long economic crisis, Puerto Rico had attempted to help ailing utility companies previously meet...