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Why do you need final demand letters?

  • The effects of late or non-payment can have a disastrous impact upon companies.

  • Sending of final demands and listing of bad payers can help recover any outstanding amounts.

  • The final demand letter is necessary before you can list a bad payer on any credit bureau.

  • Sent to a non-payer, it notifies them of your intention to list them as a defaulter on a credit bureau

  • You can list a defaulter 28 days after the final demand letter was sent by electronic communication.

Benefits and Features of sending final demand letters

  • Recover your money: The effects of late or non-payment can have a disastrous impact on companies. Sending of final demands and listing of bad payers can help recover any outstanding amounts.

  • List defaulters: Sent to a non-payer, notify your clients of your intention to list them as a defaulter on a credit bureau. You can list a defaulter 28 days after the final demand letter was sent by electronic communication.
  • Caters to all: The tailor made services cater to all companies, no matter the size or industry. The letters are conveniently available under TransUnion.

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