As you collect from any past due customers keep in mind that the Government Stimulus checks are starting to go out next week, people who opted for direct deposit will have their stimulus money this week.
Customers can use their stimulus money to pay off debts and have a load lifted off their shoulders s they make some headway in paying off some of the money they owe. The economy is in such turmoil and consumers can’t even afford gas to go to work or food to feed their children. Many will use this stimulus money to buy food, gas or pay the rent.
Stay on top of this because as things get worse, and they will, this might be one last chance you have to get a lump sum payment before having to settle for low weekly or monthly payments on a past due balance.
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