Debt Collection Agency

It’s hard to eke a living these days. Cost of living has gone up so much since June and many of my relatives and friends are finding it hard to make ends meet. A few of them have started to default in their monthly credit card and house mortgage repayments. Bad news, eh. I got a call from a business friend of hubby’s the other day. He was complaining that he finds it hard to collect money owed him and it’s affecting his business. I guess it’s the same everywhere. He says if this goes on, he may want to close his business down and become a chicken rice seller.

He did say that he might want to engage a Debt Collection to help him with the debt collection part. This is the last resort for him. I heard that there might be a high cost involved in doing so. Therefore, he has to find out more before taking this step. Well, a businessman got to do what he’s got to do in order to save his business. I’m slightly better in the sense that i do not have high overheads. But my complaint is still the high electrical tariff. I use a lot of electricity on a daily basis. Just hope it will come down one day. Hope, being the keyword here.