pay off 1. To pay the full amount on (a debt). 2. To result in profit or advantage; succeed: Your efforts will eventually pay off. 3. To pay the wages due to (an employee) upon discharge. 4. To pay (a plaintiff) to settle a lawsuit out of court. 5. To bribe. 6. Nautical...
The article looks at business conditions in Europe as of 2013, focusing on business enterprises' receivables and the debt-collection industry. It discusses challenges in the process of debt collection, including court delays, laws protecting debtors, and some debtors' inability to pay. Topics ...
Studies had shown significant mental health and financial improvements for other types of debt relief, such as paying off student loans or mortgages. But those debts have more urgency: Homeowners who do not pay their mortgages could quickly lose their homes, whereas a hospital bil...
After you pay off one of your debts, add that payment to another debt. For example, if you paid $40.00 a month toward a department store credit card and now that is paid off, add that $40.00 a month toward another account. Keep this up until all accounts are paid in full. Get in ...
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You’re nearing retirement and want to pay off high-interest debt. Benefits of prioritizing debt Chipping away at your debt can have several benefits, including fewer interest charges, less financial stress, and eventually, more wiggle room in your budget. It could also help your credit as you...
We at Law Debt Collection offer products and services that assist in managing your credit facilities and limiting your exposure to credit risk Celebrating 35 years in business! Our Guarantee To You We understand that no two accounts are the same. That is why your accounts get assigned to an ...
The Standard Operating Procedure for the Collection of Debt From Non-Paying Customers. Collecting debts from customers is a balancing act for business owners. Getting the money is important, but not offending or alienating customers is also a goal in bus
Sending a letter gets the debt collector to go away, but it does not wipe out the debt. It will still appear on your credit report after you send the letter. If you would like to get the debt off your credit report, you will need to negotiate a payment with the debt collector. Get...
Define repaying. repaying synonyms, repaying pronunciation, repaying translation, English dictionary definition of repaying. v. re·paid , re·pay·ing , re·pays v. tr. 1. To pay back: repaid a debt. 2. To give back, either in return or in compensation: