Category: Interest

  • How to prevent utility debt

    Avoiding utility debt is crucial for maintaining financial stability and preventing unnecessary stress. Utility bills, including electricity, water, gas, and internet, are recurring expenses that can accumulate and lead to debt if not managed carefully. Here are several strategies to help individuals and households avoid utility debt: By adopting these proactive strategies, individuals and households…

  • Pre-Legal Debt Recovery

    What is Pre-legal Debt Recovery? The service is designed to collect outstanding debts without the use of legal proceedings. Our highly experienced negotiators use a combination of letter and telephone collection techniques to obtain early payment. Pre-legal Debt Recovery Team provide UK landlords and businesses immediate outsource solutions for unpaid invoices, former tenant arrears across both…

  • HOW TO AVOID LATE PAYMENT DISPUTES

    While you may not encounter them often, disputes over payments can become a major problem and lead to your non-paying client or customer coming up with excuses not to pay you. To avoid this happening it is necessary to identify why these late payment disputes happen and close any loop holes that can be exploited…

  • How long do unpaid invoices remain valid for?

    Many SMEs are consistently paid late by their debtors, but just how long do those unpaid invoices remain valid for? UK businesses are currently suffering at the hands of the country’s late payment culture. One third of the UK’s SMEs say that their invoices are not paid until two months after the agreed payment terms.…

  • How to charge interest on late payments

    Charging interest on late payments is an effective way of protecting your business’ cashflow. UK businesses of all shapes and sizes are suffering due to the country’s late payment culture. 80% of small businesses are paid late, and on average, SMEs are owed £6,142in late payments at any one time. Being paid late can have…