Advice for Consumers

By John W.

In any social setting, when asked what you do, responding that you work for a collection agency can sometimes evoke a less than enthusiastic response from some. But why is this?

In most cases, our opinions are cultivated in reaction to our own experiences. So, your friend that rolled their eyes when you said what you do may likely be thinking of a past call that they received from a debt collector, or could be thinking of their grandpa’s experience getting in over his head and being on the receiving end of a collection agency’s efforts.

This is a one sided view however. What if […]

It’s no secret that many of our lifelong habits are acquired at an early age. From our attitudes about certain things, the foods we eat, the company we keep and many other traits. So why should money be any different? April is Financial Literacy Month so let’s help our kids by giving them some tools.

And for all you parents who have kids heading out for Spring Break, we suggest you send them this article right now. See if they can catch up on their financial education just a bit before they hit the beach…

For many, the discussion about money comes way too late when it comes to kids. And it shows in their habits as […]

April signifies so many things here. For one, spring is here and of course its tax season. It’s also Financial Literacy Month. Here at American Profit Recovery, we join many other collection agencies this April in helping to raise money for The ACA International Education Foundation which promotes financial literacy and the Loomer-Mortenson Scholarship.

We also try hard to always educate the consumer on how they can better manage their finances and when they do get into a tricky situation, how to navigate through it all. We’ve mentioned these tips several times here on our blog and on television interviews we’ve done but […]

Last time we gave you three quick tips to save money around the house and we’ve got a few more for you below. Many of us are always looking to save money to keep up with bills or the rising cost of so many items and these just might help you save a few bucks. Like we mentioned in our last money-saving blog, collection agencies like American Profit Recovery deal with consumers everyday that might have prevented the situation they are in by trimming back a little.

Here are a few more tips.

Easily track your spending: For many, tracking what you spend is about […]

If you’re a smart consumer or a small business owner, you are exploring every cost savings option possible to aide your monthly budget. We know the importance of saving a little money each month because as a collection agency, we see people every day that could have avoided going into debt if they just spent a little time and effort looking at their expenses.

Below we have a few cost savings measures to consider which may require a little effort but well worth it in the long run.

Reduce your credit card interest rate: It does not hurt to ask your credit card company for a […]

Ways your small business can save money.

While I could certainly think of more than three ways for you to save money, I looked into some simple yet sometimes forgotten ways you can save a little money. In fact, if you gave me time, I could probably come up with at least 50… Collection agencies including this one have contact with consumers that do not pay attention to simple ways to manage and save money. It’s very easy to sit down and think of a few ways to save some cash. Let’s start with three easy ones.

Compare credit cards: If you’re like most consumers, you […]

Our kids have now been back to school for several weeks and they are beginning to get in a groove and hopefully, (I say, hopefully…) learn some valuable lessons not only in the books but also in some good life habits.

One of those lessons that your kids and maybe us adults too should be acquainted with is financial literacy. Yeah, your kids may be getting their fair share of math lessons but what are they going to do with that math knowledge as they get older? Hopefully they will use some of it to manage their finances.

As a collection agency, we see many people who […]