Re: Ok so im becomming a debt collector
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Posted by holly
(65.31.87.117) on January 22, 2003 at 23:41:33:
In Reply to: Re: Ok so im becomming a debt collector posted by Why Chat on January 22, 2003 at 23:30:28:
NO economic redeeming value?.. can you only imagine what the cost of goods/services would be if we didn't recoup unpaid goods/services... It's called cost shifting.. shift the expense to those that do pay.. Whether the accounts receivable function is handled properly is not disputed.. the fact of the matter is that debt recovery is an absolute necessity to our economy.. If it isn't the multitude of creditors would not need to outsource this function... As for being publically traded... pleease as if that determines value.. can you say Enron.. Mci.. Why should a company which has a tangible product such as cash need investors... It is ironic that when we need credit we will grovel,, when we can't pay it back we cry foul...
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