While many may not be aware, there is a large percentage of our population that is under or unbankable. Best estimates put the % of Canadians in these categories at 15% to 40% of our population.

What that does the terms under or unbankable mean? These individuals use alternate financial solutions opposed to main stream banking are they are new to the country, past bankruptcy, approaching bankruptcy, convenience of hours, not comfortable with institutional dealings, new to the workforce, live pay check to pay check and have a new bank account with a hold procedure attached to it.

The keys to the success of payday loans businesses are convenience, service, attention to details, knowing your customers, marketing and collections.

Anyone in the payday loans industry must have a clear understanding of just how critical the collections process is to their success. How well you collect your money will depend on the efficiency of your company’s collections policies and strategies.

Think of this booklet as a tool to enhance your organizations collections process.

This 28 Day Bad Debt Booklet has been developed to provide you with tips, understanding, knowledge, checklists and techniques that your pay day loans business needs. In best use situations, this booklet & program will play an important role in your organization.

“Utilizing the information provided in this booklet can make a significant difference in your business”

Click here to download The 28 Day Bad Debt Booklet in PDF format.