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...

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...

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...

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...

Reports to Expect from your Debt Collection Agency

Businesses have to consider many options when selecting a debt collections agency. Obviously, the agency must be licensed, insured and compliant with various federal and state regulations. Beyond that, businesses must also find that they can trust...

6 Tips to Identify the Right Debt Collection Partner

If you're considering hiring a professional and experienced debt collection partner, it's more than likely because you've exhausted other available collection efforts. Delinquent accounts have already taken enough of your time and resources and now...

10 Tips for Hiring a Debt Collections Agency

Dealing with delinquent accounts can be resource draining for all involved. When your cash flow is at stake, however, you want to take whatever means necessary to collect what is due. While there are numerous choices in collections agencies, you...