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An Innovative Solution wins the day! Use creativity in your debt collection processes.

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DEBT COLLECTION

    A BUSINESS START PAGE MINI-COURSE.





~ A SNEAKY TRICK ~


    You have a customer that won't pay the money he owes you. Here's a trick that might work if your customer has a business. But, even if he doesn't, you might be able to think of some leverage - many people have part-time money-makers, or profitable hobbies.

      Have a friend call this deadbeat. Your friend must say that you referred him to your customer. Your friend will say that you said the customer was very good at .... (whatever his business or hobby entails) ... and that he (your friend) is interested in doing business - buying whatever the bum sells, hiring him, whatever. Let them discuss the business to some extent - some big but fictitious project.

      Then, at just the right moment, your friend will bring up the question of references. He must ask, almost casually, "This will be quite a big contract (purchase). You will be able to provide me with a couple of references, won't you?"

      Your customer will be so scared of losing this lucrative deal when your friend finds out he has bad credit with you, the deadbeat will pay your bill without further delay!

~

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Frederick Pearce,
Pearman Cooperation Alliance of Houston, Texas.


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