archiveOctober 2021

Loans

Types Of Short Term Loans

The term Short term loan itself suggests that these types of loans have a short repayment tenure. In most cases, you have to repay the amount within six to twelve months. The duration of repayment can get to 18 months max otherwise the loan will be called a medium-term or...
Finance

Debt Recovery, The Financial Year, The Calendar Year and Timing.

The debt collection industry faces many challenges every day. The industry continues to transform due to rapidly changing technology, regulations, and outside factors, and collection agencies must adapt.  Many of these regulations are unknown to most businesses and as a result, many debtors dig their heals in, using the offence...