While borrowers definitely sometimes suffer from interest, it's not widely talked about that there are so many companies that also suffer because borrowers don't repay their debt. For these companies, they often try to resolve the matter by simply contacting customers and reminding them: Hey, you have a debt due. What can you pay right now? Since not every customer has the money to repay immediately, companies generally do everything in their power to work with borrowers in this case. They might try to work out a payment plan that at least pays something toward the debt while customers work on other ways to get their debts paid.
A humane way to debt collect
Debt collection is a tricky business and no business desires to have to undertake it. In an ideal world, borrowers would simply repay their debts on time and no business would have to resort to debt collection. Commercial debt collection is a reality though and sometimes lenders have to get tough on their clients. If they don't, they risk losing their livelihood forever, and no one desires to face that kind of thing in this world. So if you haven't been able to collect debts from clients and you need a Commercial Debt Collection service, it's time to find a company that you can truly communicate with, who will protect both your financial interests while at the same time protecting the clients who have borrowed money on your watch. That doesn't mean that some customers don't intentionally take out money with no intention to repay. Commercial debt companies definitely try to root out those who are going through a rough time versus those who simply take out loans and never even attempt to pay. Don't do this kind of collection in-house! Make sure you have a good collection company behind you.