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Collection policy |
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Collection policy |
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? Mentioned in | ? References in periodicals archive | |
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| One-third of Become the Squeaky Wheel explains the basics of a solid collection policy in plain terms for lay readers; one-third offers a wide variety of sample forms from a request for credit references to a suggested "friendly reminder" to a "seven days letter"; and one-third is an appendix of relevant acts and laws including The Fair Credit Billing Act, The Truth in Lending Act, and much more. If you consistently apply your collection policy to every account, you will enjoy a large decrease in past-due accounts. Anyone who wants to know about the impact of this type of regulation should attend one of Lancaster's City Council meetings, where Lancaster's mandatory collection policy is a constant source of public comment. |
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