Tag Archives: Debt Collection Companies

Characteristics of Debt-Free people

Debt Collection, Debt Collection Company, Personal Finance, , , , , , , , ,

    Let’s talk about goals.  But first we need to get real with ourselves.  

Let’s assume you have personal debt.  According to credit.com 80% of Americans are currently in debt of some sort whether it be student loans, credit cards, car loans, or home loans.  My question for you is this; how does it feel?  Do you like having those debts?  Does it feel good to make payments month after month with those interest rates adding to the amount of money you owe?  I will take a stab in the dark and say your answer is no, you do not like paying those bills every month.  Wouldn’t it be nice to not have those payments?  The average American carries over $15,000 in credit card debt alone!  Imagine not having that account any longer.  What could you do with that money?

    I am writing this post at 8:25PM on Wednesday January 13th.  I have been told that tonight at 10:59PM the Powerball lottery numbers will be chosen and someone, or a number of people, will win over ONE BILLION DOLLARS!  I am sure a lot of you are dreaming about what you could do with that much money, and I am sure that in your top ten list of what you would use the money for paying off debt is not listed.  Whether you win the Powerball lottery or not, I want to provide you with a strategy that will help you pay off your outstanding debts.  The following is a list of some characteristics of debt-free people.

  1. They are wise.  Debt-free people are not as concerned with their FICO score as they are with their net worth.  While you are focusing on paying off your debt you should consider debt as being a very bad thing.  Do not go into debt while you are trying to pay off debt.  It is not wise and debt-free people are wise.
  2. They are patient.  Debt-free people are focused and secure in their goals and their strategy and they do not fly by the seat of their pants.  They wait patiently for their opportunity.  You should not go into debt to buy Powerball tickets hoping to pay off your debts!
  3. They are not materialistic.  You do not need the latest iPhone, especially if it will cost you paying off your credit card debt.  You do not need to go spend $200 at the bar or at the newest restaurant in town.  Never allow your need for materialism to get in the way of you being debt-free.      
  4. They are willing to make sacrifices.  You may need to sacrifice your morning Starbucks and make coffee at home in order to pay off a credit card earlier.  You could save $250 a month by simply making coffee at home rather than buying your morning cup of joe at a local coffee or donut shop.

Set goals, make a vision board.  Determine what you are going to spend all your money on when you are debt-free.  Plan that dream vacation you will be able to afford when you don’t have all of those monthly debt payments to worry about and then stick to the principles above to get yourself out of debt and on your way to financial freedom!

    At FIRMS we are dedicated to making America a better place by helping businesses stay open by assisting them in collecting debts owed to their business and helping the average American in debt by giving them useful tips and information to become debt-free.

 

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FIRMS Goal for 2016

About FIRMS, Debt Collection, Debt Collection Company, Personal Finance, , , , , , , , , , ,

    Today is the end of a year, 2015, and what a great year it was!  Tomorrow is a new beginning, a new start, a new opportunity for individuals and businesses to grow and to change and to reach the goals and accomplish those tasks that have been on the to-do list for awhile.

At FIRMS we take great pride in being one of the premier debt collection companies in the industry.  Our focus has always been and will continue to be helping doctors office, small businesses, and any other company stay open and profitable by helping to collect on outstanding debts.  FIRMS is very unique and vastly different from other debt collections agencies because we are not just focused on collecting money but on making sure we change the debt collection game in the process.

We have written before about some of the ways FIRMS is unique.  Whether it be our focus on making the account management fast and simple for office managers, or our dedication to helping those individuals we contact to collect from by writing their resume and helping them find work when they are unemployed, or it could be our wanting to change the debt collection industry by offering our clients complete transparency when it comes to the collection process and account updates.

FIRMS is making 2016 a year of growth and change.  We are more committed than ever to help our clients collect on those outstanding debts and to help local communities by collecting in a friendly, uplifting, and effective process.

If you have been reading and are curious as to how FIRMS can help your business, now is the time to contact our offices.  Don’t put off for tomorrow what you should be doing today.

We wish you a very happy New Year and look forward to working with you!
     – FIRMS

FIRMS Customer Interview

About FIRMS, Debt Collection, Debt Collection Company, Personal Finance, , , , , , , , , , , , ,

    As a business owner or office manager, a large part of your responsibilities can be managing the debt collection for your business or office.  At FIRMS we work with doctor’s offices all over the United States assisting office managers and business owners in helping to keep their doors open by collecting on the outstanding debts and working with their patients and customers to collect those outstanding debts.  As a premier debt collection company, FIRMS takes great pride in helping local businesses stay open and grow along with making their process of managing their accounts simplified and streamlined.  

FIRMS took a look at the debt collection industry and asked the question “what can FIRMS do better?”  FIRMS offers you real time status on every single account.  Did your customer make a payment to their outstanding debt?  You’ll know about it just as soon as the payment is collected.  Did FIRMS attempt to contact one of your customers?  You’ll be updated about it immediately.

FIRMS recently interviewed one of our current customers in upstate New York.  Malara Eyecare has been one of FIRMS clients since their former debt collection company, MedRev was forced to shut down due to poor business practices for a debt collection company.

FIRMS:  “What was your reason for hiring FIRMS to manage your office debt collection?”

Malara Eyecare:  “We were working with MedRev until New York State forced them to close.  At that time we needed FIRMS to come in and help our office and assist in collecting on our outstanding debts.”

FIRMS:  “Are you more satisfied with FIRMS than you were with MedRev?”

M.E.C.:  “Yes, of course we are!  We are much happier with FIRMS.  The process is much simpler and it has saved our office workers so many hours in updating accounts and tracking where each account is in the process of collections.”

FIRMS:  “What is one thing you like the most about FIRMS?”

M.E.C.: “I would say the website and account login.  This is such a huge development for us to manage the accounts and get accurate and real time updates on everything that is happening within our customer profiles and accounts.”

FIRMS:  “Is there anything you would change about your working relationship with FIRMS or anything you would suggest to improve upon?”

M.E.C.:  “Not at all.  This has been such an amazing transition and has saved our office so much time and money.  We love working with FIRMS and appreciate FIRMS continued support of our business.”

Are you struggling with your current debt collection agency?  Are you looking for an easier, simpler way for your business to collect on the outstanding debts owed?  Give FIRMS a call today and let us show you a better way to work with a debt collection company.

    FIRMS Debt Collection Agency:  1-800-655-4526 and FIRMSltd.com to let us know how you heard about FIRMS!

FIRMS, helping people all year.

About FIRMS, Debt Collection, Debt Collection Company, Personal Finance, , , , , , , , , , , ,

        As we come to the holiday season, with Thanksgiving having gone and Christmas being just around the corner, we approach a time of the year when everyone begins to place others ahead of themselves.  We think about the loved ones in our lives, friends and family, and we also consider those less fortunate than ourselves and how we can help them have a better holiday season.  From charitable donations and donating to the red cross, to paying it forward, we are surrounded by love and kindness this holiday season brings.

At FIRMS, we work to help those in need or in tight financial positions in life on an everyday basis.  Part of our mission at FIRMS is to help those who could benefit from a little assistance.  While most debt collection agencies in the debt collection business focus only on collecting the debt due and blurring the line between harassment and due diligence, FIRMS places our focus on collecting debt for our clients and also helping those who are in tight financial binds.

FIRMS realized that some people are simply in tight spots and need help wherever they can get it.  Our specialists at FIRMS will often contact individuals who have fallen behind on their bills due to a loss in employment.  While most debt collection companies may continue to call and send letters demanding immediate payment FIRMS has decided to take a very different approach.  FIRMS specialists will assist individuals in not only creating and improving their resume but also in sending their resume out to various job search websites to help them find employment and get back on their feet and on their way to financial freedom.

At FIRMS we are not only focused on collecting outstanding debts for our clients, that is our chief focus, but we are also very interested in helping people live a better life and building strong ties in the communities where we provide our top tier services of debt collection.

       At FIRMS we never just see dollars and cents but we see families and individuals and we see businesses thriving and communities strengthened and brought closer together.

We feel that FIRMS can make a positive and lasting impact not only for your business but for your customers who may have fallen behind on their bills and in the community where you do business.  Remember when it comes to debt collection companies and debt collection services, FIRMS stands above all the rest.

 

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