Category: Payment Plan

Oct 22 2020 22nd October 2020 22nd October 2020 NoComment by admin

Payment holidays are due to end on October 31, but there is still a way to get financial support

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Martin Lewis urges people with debt to apply for a payment holiday before the support ends in a few days. Martin Lewis has issued an urgent warning to anyone across the UK struggling with their finances due to the ongoing coronavirus pandemic. Writing in the latest edition of the MoneySavingExpert.com newsletter, the consumer champion had…

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Jul 29 2020 29th July 2020 29th July 2020 NoComment by admin

Your options when a debt becomes overdue

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Once an invoice exceeds its credit terms, the likelihood of collecting the debt decreases as it grows older, which is why it’s worrying to see that 30% of businesses now classify more than 10% of their debtor book as over 90 days old. DIY Firstly, if you have a dedicated credit control team in house…

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Oct 20 2019 20th October 2019 3rd October 2019 NoComment by admin

3 common late payment excuses and how to handle them

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Learn how to deal with these three common late payment excuses efficiently to get paid quicker. If your client is constantly deflecting your requests for payment and you’re beginning to worry that your invoices are never going to get paid, it’s time to tackle the problem head-on. Before you make another phone call to chase…

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Jun 03 2019 3rd June 2019 3rd June 2019 NoComment by admin

6m Brits would pay for financial advice if it was cheaper

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A study has found that almost 6m British adults would be willing to pay for financial advice if it was more affordable. As both households and businesses in the UK face a debt crisis, the results of a study suggest that many people are not getting access to the financial advice they require. The report,…

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May 20 2019 20th May 2019 1st May 2019 NoComment by admin

Rent arrears prevention tips for landlords

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Landlords should protect their cashflow by putting processes in place to reduce the risk of tenants falling into rent arrears. When a tenant misses a rent payment or pays late, it can cause serious financial problems for their landlord. Late payments have a negative impact on landlords’ cash flow, which can cause problems with paying…

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Oct 08 2018 8th October 2018 8th October 2018 NoComment by admin

Should You Offer Your Late Paying Customer A Payment Plan?

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In an ideal world all of our clients would pay us on time and in full. Unfortunately sometimes this isn’t the case for all sorts of reasons some of which may be legitimate while others are simply delaying tactics. Telling in the difference between the two can be hard but as a general rule you…

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