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When Unpaid Rent Starts Becoming a Bigger Problem
Unpaid rent doesn’t usually hit all at once. More often, it builds up over time. A payment comes in late, then the next one is delayed a bit longer, and before you know it, there’s a gap that hasn’t been filled. At first, most landlords will try to keep things simple. A reminder, a quick…
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Setting Clear Payment Expectations for the Year Ahead
The first few weeks of a new financial year are usually spent looking forward. Budgets are set. Targets are agreed. Plans start to take shape. It’s a practical time — not particularly dramatic, just steady groundwork for the months ahead. It’s also one of the better moments to look at payment terms. Over time, payment arrangements can…
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A New Financial Year Is a Good Time to Review What You’re Owed
The start of a new financial year tends to bring a certain mindset with it. Accounts are reviewed. Plans are drawn up. Targets are discussed. There’s a sense of resetting the clock and looking ahead with a clearer view of where things stand. It’s also a sensible time to look at what’s still sitting unpaid.…
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The Quiet Cost of Unpaid Invoices
Most unpaid invoices don’t feel like a problem at first. They sit there for a bit. You notice them when you log in to your accounts, maybe make a mental note to follow up, then get pulled back into everything else that needs doing that day. It’s easy to assume they’ll be dealt with soon…
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When Late Payments Start to Become a Real Problem
Most businesses can cope with the odd late payment. It happens. Invoices get missed, emails get buried, or cash flow tightens for a month or two. The trouble starts when those delays become normal rather than occasional. Rent arrears and unpaid invoices don’t usually arrive out of nowhere. They tend to build slowly, often quietly,…
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1 in 10 ‘buy now, pay later’ shoppers chased by debt collectors
One in 10 shoppers who use buy now pay later have been chased by debt collectors, according to Citizens Advice. In February the Treasury said services would become a regulated activity policed by the Financial Conduct Authority. Regulators have been urged to crack down on ‘buy now, pay later’ firms after a damning report revealed…
