Over 95 million Americans have never switched bank accounts in their banking lives. It's more of an inconvenience when competing banks offer such similar, or even identical services. When dealing with a customer or debtor that has recently changed banks, it's best to dig into the question and find o...

As a business, it is important to understand your clients. Weather it is a first timer - or a 'regular' one must do their research. To ensure your product and/or service will be paid for, first determine the customers ability and likelihood of settling a debt within agreed credit terms. 

If a c...

That's right...If you are a business trying to collect outstanding receivables, it might not feel like ANYONE wants to pay their bills! The reality is, most people want to pay you but sometimes there are circumstances that prevent them from doing that.

These circumstances usually fall into three cat...

There are approximately 6000 Collection Agencies in the United States. Some agencies work on a National basis, while others might work within a single Metro Area or County. Whether you use a large collection agency or a very small one, it is important to understand the economics of using a third par...

The 2019 Spring MCCBOA workshop was held at The James B. Henry Center for Executive Development Michigan State University in March 2019 and featured educational presentations by business consultants from through out the state of Michigan.  Point Credit Solutions Vice President of Sales, Tim Gra...

The Problem:

For many years if a customer didn't pay their obligation to their creditor and stopped communicating, the creditor had just three options:

               1. Continue to pursue the account internally.

   ...

The acquisition of FreeAccountsReceivable.com will allow Point Credit Solutions to offer a free tool to accountants, and business owners. This tool will give vital information regarding current credit policies,  current aging of accounts, and compare to industry standards and best practices. Th...