Best Practices for Handling Car Loan Charge Offs

Best Practices for Handling Car Loan Charge Offs

Amidst the expanding array of vehicles on the market, car loans have witnessed a significant increase. According to USA Today, the rejection rate for car loans has surged from 9.1% to 14.2% in the past year. Consequently, car loans have emerged as one of the largest...
Is Accounts Receivable a Debit or a Credit?

Is Accounts Receivable a Debit or a Credit?

When it comes to understanding accounting, the terms “credit” and “debit” often create confusion, especially in the context of accounts receivable management. Keeping the financial records accurate is a significant step in accounts receivable...
5 Proven Auto Loan Delinquency Prevention Methods

5 Proven Auto Loan Delinquency Prevention Methods

According to an article by Federal Reserve Bank Philadelphia, auto loan debt is now the third-largest debt category after mortgages and student loans. The first quarter of 2023 saw a $10 billion increase in auto loans, bringing the total to $1.56 trillion. With the...
Gym Marketing: 11 Strategies for Business Growth

Gym Marketing: 11 Strategies for Business Growth

According to Statista, the number of fitness businesses in the United States saw an increase from 2022 to 2023, with over 115,000 businesses operating in 2023. The gym and health club industry is estimated to generate a total revenue of $88.5 billion in 2024.  Being a...