What Happens if You Don’t Pay a Collection Agency?
Carrying a lot of debt is heavier than you think. If you’re skipping out on payments or missed bills, your past-due debt could go into collections. That’s when the calls start to come. Ignoring the calls, texts, and letters will only go so far. What happens if you don’t pay a collection agency? Here’s what […]
What to Do When a Consignment Deal Goes Wrong: Step-by-Step Guide
When done right, a consignment agreement can be a win-win for all involved. One business can retain ownership of their goods until sold, making sure they receive payment for every item. The other business doesn’t have to come up with the cash upfront for inventory, lowering their financial risk. However, both parties must have a […]
Merchant Cash Advance Interest Rates: How They Work
If you’re considering taking out a merchant cash advance (MCA), it’s important to understand the costs involved. Most importantly, you should understand merchant cash advance rates, which don’t work like typical interest rates for traditional loans and business lending products. MCAs are technically not loans and don’t come with traditional interest rates. Instead, MCA funders […]
