Master Collections is not simply a Debt Collection agency. One of the keys to our success is knowing the market, and we strive to share our findings and articles with our clients, prospects, and other business professionals. All our reports are compiled in-house, and to discuss any reports, please contact us.

• December 2007 - Buyer Beware - Take care not to be lead into Legal proceedings
We received a very interesting letter form a competitor. which every Finance Director and Executive should read without fail. Albeit interesting, the article highlights some frightening facts. Read more...

• November 2007 - Master Collections Debtometer
In November 2007 we launched our Debtometer which will show how the economy is progressing, with statistics, figures and news. Visit our Debtometer...

• November 2007 - UK Business are the worst payers in Europe - are you surviving?
Research has shown that UK businesses are comfortably taking two months - 60 days - to pay their bills, almost the same as a year earlier. Even though the Late Payment of Commercial Debts (Interest) Act was introduced 7 years ago to curb the delay in paying invoices, companies are getting worse rather than better with their payments. Read more...

• November 2007 - Ofgem Increase the Pressure on Credit Control
Ofgem, the energy regulator, is keeping Gas Distribution Networks on their toes in an attempt to make them operate more efficiently. The proposals include price controls and efficiency targets in a 5-year plan. Read more...

• November 2007 - Enforcement changes help get money from a stone
The Tribunals, Courts and Enforcement Act 2007 came into force earlier this year on the 19th July 2007. The Act amongst other things makes changes to how court orders and debts are enforced. Read more about the changes here...

• October 2007 - Credit Card Fraud
I recently had my wallet stolen together with several credit cards and my driving license. It suddenly dawned on me how easy it would be for a thief to assume my identity. Conveniently for me I noticed the theft very quickly and reported it. But what if I hadn’t? Read more...

• October 2007 - How much is the postal strike costing you?
Each day on average, over £2million of post is sent by small and medium sized businesses; and the strikes could cause cash flow problems or even the failure of a business if payments or invoices are delayed by even just a few days. Read more...

• September 2007 - Storage Debt - Cash in the hand or dead weight?
Self-storage didn’t start in the UK until the 1980s and since then has seen substantial growth with a total market estimated to be worth £280 m in 2005. As self-storage grows, increasing numbers of firms understand that a lien as protection against bad debt is a myth. Read more...

• September 2007 - Will debt drag the economy into recession?
After a turbulent few weeks, the US economy looks set for a recession. Is the UK set to follow suit? And what will this mean for UK businesses. Read more...

• September 2007 - Pensioner debt reaches £57bn
Over one million pensioners, or 1 in 5 retired homeowners, still have a mortgage, with an average outstanding debt of £38,000. This, coupled with 1 in 3 pensioners with personal debt of an average £5,900, has left many pensioners facing a bleak financial future. Read more...

• August 2007 - Stand out from the crowd and get paid!
Did you know a high proportion of utilities whether it be gas, electricity or water use the same debt collector. It’s no wonder more and more debtors do not take utility bills seriously. The situation generates apathy amongst debtors that are exposed to the same letters and processes from the same collector in connection with other debts. Furthermore it dilutes the profile of the debt when the collector cannot even identify the fact they are chasing other debts against the same debtor. Read more...

• August 2007 - In hot water
Carlo Pegna, winner of the Credit Professional of the Year Award at the iCM07 Awards, addresses the challenges presented by unpaid charges in the utilities sector, and underlines the need for first class credit management. Read more...