Your Virtual Credit Manager

FEBRUARY 13, 2024

After, the Great Recession of 2008, commercial bankruptcies peaked in 2009 and did not drop below pre-recession levels until 2012. Clearly, the level of Business Credit Risk is going to remain elevated as we move through 2024, bringing with it the potential for corresponding increases in bad debt and delinquency.

Bankruptcy 130

Bankruptcy Credit and Collections Bad Debt Accounts Receivable (AR) 130

JSP Credit Management

FEBRUARY 3, 2022

After the 2008 recession, businesses began to rely less on traditional credit lines and more on factoring and accounts receivables. Experts believe this trend will continue to grow as more and more businesses forgo credit lines and factor accounts receivable.

Debt Collections 52

Debt Collections Collector Credit and Collections Credit Risk 52

JSP Credit Management

APRIL 28, 2022

JSP Credit Management currently allows clients to instruct us on an overdue debt via an automated web form available on our website, but what it is seemingly missing currently is a possibility that allows our future clients to tell us if the case they are instructing us on involves a vulnerable customer. We will get that changed!

Debt Collections 52

Debt Collections Bad Debt Credit Management Credit Risk 52

Your Virtual Credit Manager

MARCH 21, 2023

Readers of Your Virtual Credit Manager can now access sharply discounted business credit reports from D&B, Experian, or Equifax through our partner aaccredit. Learn More About Credit Reports 5. This is another reason to re-evaluate the credit risks lurking in your AR portfolio.

Accounts Receivable (AR) 130

Accounts Receivable (AR) Bankruptcy Bad Debt Credit and Collections 130