Debt Snowball vs. Avalanche: Which Payoff Method Is Right for You?
Paying off debt can feel like climbing a mountain, but the right strategy makes it doable. At Advantage Collections, we talk to consumers daily about their options. Two popular methods stand out: the Debt Snowball and Debt Avalanche. Which fits you? Try this: Pick one, stick to it for 90 days, and adjust if needed. […]
Credit Policies That Work: How to Stop Debt Before It Starts
Prevention is the best debt collection strategy, and it starts with a rock-solid credit policy. At Advantage Collections, we’ve seen businesses cut delinquent accounts by up to 40% with the right approach. Here’s how to build a policy that keeps debt off your books: A strong credit policy isn’t just defense—it’s good business. If debt […]
Facing a Collection Agency? 5 Things to Do (and Avoid)
Getting a call or letter from a collection agency like Advantage Collections can be stressful, but it’s not the end of the road. Here’s how to handle it wisely: Questions about a debt we’re handling? Contact us—we’ll walk you through it.
Debt Management 101: How to Take Control of What You Owe
Owing money—whether to a business or creditor—can feel overwhelming, but it doesn’t have to spiral out of control. At Advantage Collections, we work with consumers every day, and we’ve seen how small steps can make a big difference. Here’s a starter guide to managing your debt: Debt doesn’t define you—it’s a challenge you can tackle. […]
3 Strategies to Keep Debt Under Control Before It Hits Collections
As a business owner, managing cash flow is a daily juggling act. Late payments from customers can throw everything off balance, and before you know it, unpaid invoices pile up. At Advantage Collections, we’ve seen how proactive debt control can save companies time, money, and stress. Here are three strategies to keep debt in check […]
