Exploring Common Misconceptions about the Credit and Collection Industry


Businesses in Florida that sell goods and services on credit must handle accounts receivable. Inevitably, those Florida businesses granting credit must decide what to do with past–due accounts.

While third-party debt collection agencies provide valuable services by collecting delinquent accounts, thus lowering costs that would otherwise be passed on to consumers, professional debt collection agencies are often misunderstood.

Marcadis Singer, PA would like to thank the ACA International for the source material to refute the myths about the collection agency industry and illustrate what the business is really about in this weekly series on Debt Collection Myths.  Enjoy this new series, Myth Monday, Dispelling the myths of Debt Collection, starting Monday January 8, 2018.

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