I am starting my own business. What is an acceptable percentage to allow for bad debt?


Posted February 14th, 2009 by admin 4 Comments »
bad debt help
grbrgrl1 asked:


I am starting my own business. What is an acceptable percentage to allow for uncollected customer accounts? In other words, bad debt expense?

How do I provide bad debt information to credit bureaus?


Posted February 10th, 2009 by admin 1 Comment »

Liligirl asked:


It has been ten years since I last reported a bad debt from a client to a credit reporting agency. At that time I simply wrote a letter and enclosed a $25.00 check to cover the fee. Looking over the websites now, I don’t see things have changed but can’t find the information I am lookfing for.

Thank you!

What happens if you have a bad credit record in the US?


Posted February 8th, 2009 by admin 3 Comments »
bad credit
What kind of problem you get if u have ruined your credit record or you have bad record or you have a debt in the US?I would like to know if for example landlords or employers check your credit before signing a contract?

By: A.D

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