Just as it does for consumers, debt presents difficulties for creditors. If a customer in debt won’t respond to a business’ request for payment, that business goes to a credit management company for help. A credit management program helps businesses take control of their accounts receivable so that they can resolve delinquent accounts and improve their cash flow. Most businesses go to a credit management company when they have tried to collect a debt from a customer several times without response. It can cost a business valuable time and money to continue to pursue uncollected debt and it’s easier and more cost-effective to hand those accounts over to a credit management company.
In most cases, when you receive a call from a collection agency, a company you owe money has enrolled you in a credit management program. In this way, CESI is similar to a credit management company. When you need help with debt, you call CESI to help you pay it off in a timely manner. When a business needs help collecting a debt, they call a credit management program to help them get that debt paid back in a timely manner.
When you’re in debt, it’s good to remember that businesses typically aren’t out to get you. They are trying to run their business well, and a credit management program is one way to help do that. If you are contacted by a credit management company, ignoring their communications will make the problem worse. Respond in a polite, timely manner and they will generally be happy to work with you to recover the debt.
We believe that education is the key to a better financial future
Consumer Education Services, Inc. empowers people to overcome their financial challenges and lead financially-healthy lives.
CESI is NOT A LOAN COMPANY