{"id":3130,"date":"2017-07-10T17:24:50","date_gmt":"2017-07-10T17:24:50","guid":{"rendered":"https:\/\/picb-us.com\/?p=3130"},"modified":"2018-03-07T19:04:01","modified_gmt":"2018-03-07T19:04:01","slug":"fishy-tales-july-2017","status":"publish","type":"post","link":"https:\/\/picb-us.com\/fishy-tales-july-2017\/","title":{"rendered":"Fishy Tales – July 2017"},"content":{"rendered":"

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July’s Challenge: <\/strong><\/span>What Would You Do?<\/strong><\/span><\/h1>\n

PICB presents
\nANDREALITY BITES: FISHY TALES<\/strong><\/span><\/h1>\n

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Are We All Only Bricks In The Wall?<\/strong><\/span><\/h1>\n

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Hardened credit criminals will construct obstacles to prevent a creditor from getting their money back, and how these situations are handled will determine how impenetrable the Con\u2019s wall may become.<\/p>\n

Be a Brick Breaker not a Brick Layer <\/strong><\/span><\/p>\n

Creditors who are owed money need to recognize the difference between the \u2018deadbeat, credit criminal\u2019 and the \u2018financially impaired customer,\u2019 who previously had been a good revenue source but is now a slow-pay or no-pay customer, as each must be handled differently to maximize your potential money recovery – Troubled customers will negotiate while the criminal will lie, cheat, and steal<\/p>\n

Credit grantors who know how to act appropriately to each scenario increase their potential to recover money owed. When you believe the problem to be a ‘troubled customer’ who needs assistance to make good on the debt due, make payment arrangements and stay proactively engaged with this customer until the debt owed is paid. Make sure all terms are stated in writing including the consequences should the Customer fail to do as agreed. Should non-payment be attributed to what you now believe to be a con, this becomes a far more complicated and professional assistance should be sought as every action taken can become another brick in what could easily become an impermeable wall.<\/p>\n

PICB\u2019s 1-2-3 rule to Brick Removal<\/strong><\/span><\/p>\n

1<\/span>\u00a0broken promise can become a habit if not immediately addressed firmly. <\/span><\/span><\/p>\n

2<\/span> maximize recovery stay connected and in touch with timely follow-ups.<\/span><\/span><\/p>\n

3\u00a0<\/span><\/span>x’s is never a charm \u2013 if the customer is making and breaking promises take action!<\/span><\/p>\n

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CHALLENGE QUESTION<\/strong><\/span><\/h1>\n

 <\/p>\n

A recent Con tried constructing such a wall when a line of credit was requested from one of our clients. The printers gut instinct shouted \u2018something isn’t right\u2019 and they sought PICB\u2019s assistance before they granted any credit terms.<\/p>\n

Our Credit Risk Assessment (CRA) revealed this so-called customer was using a VOIP phone system that allowed his location to be concealed which was further complicated because the so-called address where he claimed to be located was a mail box drop. We also discovered that the domain recently purchased by this credit criminal was so similar to a well-respected and legitimate business that those who were caught off guard and who granted credit became instantaneous victims to this criminal\u2019s wall of deceit.<\/p>\n

So, now that you know \u2013 are you a brick maker or a brick breaker and how would you demolish this wall before you were forced to breach it?<\/p>\n

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SOLVE THIS FISHY TALE<\/strong><\/span><\/h2>\n

Be the first to answer and win a FREE CRA report now.<\/strong><\/span><\/h2>\n

GRAND PRIZE BE PAID OUT\u00a0<\/span><\/p>\n

$500.00<\/span><\/h2>\n

See Fish Tales Prize\u00a0Rules<\/em><\/span><\/p>\n

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FISHY TALES PRIZE RULES -2017<\/b><\/span><\/p>\n

There are no scales or hooks necessary, and you do not need fins or even an ability to swim to win. <\/span>
\n Who is eligible? — <\/b>Anyone and everyone except employees of Professional Credit Management Associates, Inc. dba Printing Industry Credit Bureau and Checkitco Company (PICB), along with their children and\/or relatives, may enter to win.<\/span><\/span>
\n When does this promotion end? <\/b>Each month there will be a new Fishy Tale challenge posed to subscribers of PICB\u2019s Where\u2019s the Money Newsletter. PICB may end this challenge at any time and without notice.<\/span><\/span>
\n WHAT IS THE PRIZE?<\/b> Free Credit Risk Assessments worth $85.00 provided each month, and a one-time monetary prize of $500.00 awarded to the one respondent who won the most CRAs from Jan. 2017 \u2013 Nov. 2017. <\/span><\/span>
\n WHAT IS CRA? <\/b>CRA <\/i><\/b>\u2013 PICB\u2019s unique report is intended for credit grantors to use in support of making wise credit choices and is built using current records filed with various governmental agencies and are available under \u2018Public Records\u2019. PICB purchases no existing report to re-sell it, We actually do the old fashion method of real time research using the 21<\/span>st<\/span> century modern tools. <\/span><\/span>
\n HOW DOES THE GAME WORK? \u00a0<\/b>The answers to the challenge are speculative – there is no <\/span>one<\/span> correct answer, therefore the winners will be those first 3 respondents who provide a \u2018solution\u2019 and meet the eligibility requirements as stated above. <\/span><\/span>
\n HOW DO I SUBMIT MY SOLUTION? <\/b>Post your answer directly on the Newsletter \u2018answer box\u2019, make sure and identify your name and company name, we will then notify you if you were one of the first 3 respondents via email and award you your Fishy Tale redemption coupon. <\/span><\/span>
\n WHEN CAN I REDEEM THE COUPON? <\/b>Anytime by submitting a CRA request, make sure and provide your redemption coupon at the time of submission and we will provide you the requested report.\u00a0<\/span><\/span>CRA redemption coupons may not be claimed for the cash equivalent. <\/span>
\n WHEN WILL THE GRAND PRIZE BE PAID OUT? \u00a0<\/b>$500.00 will be paid to the individual or company who has entered the most winning challenge answers between Jan. 2017 thru Nov. 2017 and the cash prize will be paid prior to December 31<\/span>st<\/span>, 2017<\/span><\/span><\/p>\n

\u00a0<\/span>For more information contact PICB at 847\/265-0400 or CRA@Checkitco.com<\/b><\/span><\/p>\n

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