You’re a debtor. You owe $2,000 to two creditors. $4,000 owed in total. Both for similar services.
Neither creditor A or B is more important to you than the other. Both have sent email reminders saying essentially the same thing … “please pay“. You haven’t got enough to pay either.
The next email reminder from the Creditor A again asks for the payment. Creditor B’s wording in their email is EXACTLY the same EXCEPT for one extra sentence
… “We will call you next week to see if you need anything or there is something we can help with.“
It’s THEN that you get $2,000. One of your debtors has paid. Joy. But only $2,000. Not enough to pay both. 🙁
Assuming you have no other pressing bills, who are you going to pay? These are your main options
1: $1,000 to each (still with the knowledge that Creditor B is likely to phone you)
2: $2,000 to creditor A
3: $2,000 to creditor B (they’ll phone if you don’t)
4: Neither – you decide to take a holiday!
You KNOW the answer don’t you UNLESS you like receiving phone calls from someone asking you to pay an overdue account!
similar post (almost identical, but this is a much under-utilised tactic. It bears emphasising.)