Posts by Darren Tebbitt
DebtCo UK Solutions Ltd and Taurus Collections (UK) Ltd Announce Strategic Merger
DebtCo UK Solutions Limited and Taurus Collections (UK) Ltd Collections Limited have announced a breakthrough for the UK’s financial services industry by joining forces. Their merger ushers in an era of innovative debt management, uniting DebtCo’s leading technology with Taurus’s vast experience in resolving large debt cases to form one formidable force within the debt…
Read MoreA New Era of Compassionate Debt Collection: A Glimpse into the Future.
DebtCo is forging ahead with its debt collection services with an eye towards empathy and empowerment, following the definition offered by the Financial Conduct Authority of what makes an ‘vulnerable consumer’; that being someone susceptible to detriment due to inadequate care from firms. Our holistic view recognises that vulnerability is more than an individual issue,…
Read MoreEverything You Should Know About Digital Debt Collection
In an increasingly digitised world, even traditional sectors like debt collection are evolving. Digital debt collection, a relatively new concept, is transforming how businesses recover outstanding debts. This process not only streamlines collection efforts but also offers more empathetic approaches to individuals in debt. In this blog post, we delve into the world of digital…
Read MoreBetween Numbers and Nerves: Understanding Debt’s Emotional Impact
Financial strains like debt extend far beyond our wallets – they affect every area of our emotions and mental lives. When debt becomes part of your reality, its whispers can grow louder over time, impacting our mood, sleep patterns and self-perception in ways you cannot predict or anticipate. However, this serves as a gentle reminder…
Read MoreHelp Your Customers: 5 Ways To Deal With Debt
Debt is a reality for many people and businesses. It can be tricky to manage, but it’s important to help your customers deal with debt if you wish to collect outstanding payments without damaging your existing customer relationships. Not every customer intends to cheat you out of your money. Sometimes they face genuine financial struggles…
Read MoreWhat to Do When Customers Won’t Pay Their Bill
You’ve done the work, sent the invoice, and now it’s time to get paid. But what do you do when your customer refuses to pay their bill? While it can be frustrating, there are a few steps you can take to resolve the situation. Read on for what to do when customers won’t pay their…
Read More6 Effective Debt Collection Strategies to Implement
If you’re a business owner, chances are you’ve had to deal with late or unpaid invoices at some point. It’s an unfortunate reality of doing business, but there are steps you can take to improve your chances of getting paid on time. An effective debt collection strategy can make all the difference in keeping your…
Read MoreWhat ChatGPT thinks about how digital transformation will disrupt the debt collections industry.
My 14-year-old son asked me the other day whether I had played around with ChatGPT. An AI-driven experiment from Open AI. Being naturally curious about anything tech related, I decided to sign up. Clearly, I was not the only one as it took quite some time before I was allowed to ask my question. When…
Read More5 Ways AI is Shaping the Future of Debt Collection
This blog discusses how organisations can utilise AI to make their debt collection process more efficient and accurate in 5 powerful ways. Read more!
Read MoreDebt Collection Tips for Startups: 4 Steps Entrepreneurs Must Take to Survive
This blog post discusses four essential tips startups need to collect their due debts. Read more!
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