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Why don’t people pay their debts?

Collect More

People have the money- they just prefer to keep it than give it to you. People will pay when they need to. Guys people have money. The post Why don’t people pay their debts? How else do you explain the $2.5 million dollars we collected in 2023 within 1 day of receiving the debt. 1 phone call or 1 email.

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Fewer People Paying in Full

Account Recovery

Is the era of paying for things in full at once dying? Should collection agencies stop asking consumers to pay the balance of a debt in full? It might be worth considering, thanks in part to the growing popularity of Buy Now, Pay Later plans and increasing usage of split payments. Nearly 60% of consumers […]

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More People Having Problems Making Ends Meet: Survey

Account Recovery

As well, the number of individuals who have an emergency savings fund that could cover an expense … The post More People Having Problems Making Ends Meet: Survey appeared first on AccountsRecovery.net.

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CFPB Examines Debt Issues for People Living in Appalachia

Account Recovery

Individuals living in the 13 states that make up the Appalachian region are more likely to have medical debt than individuals living in the rest of the United States and those with medical debts have double the delinquency rates on other credit products, according to a research report issued yesterday by the Consumer Financial Protection … The (..)

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From Complexity to Clarity: Strategies for Effective Compliance and Security Measures

Speaker: Erika R. Bales, Esq.

When we talk about “compliance and security," most companies want to ensure that steps are being taken to protect what they value most – people, data, real or personal property, intellectual property, digital assets, or any other number of other things - and it’s more important than ever that safeguards are in place.

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The Difficult Choices People are Making Because of Higher Healthcare Costs

Account Recovery

Nearly 100 million Americans — 38% of all adults — have either delayed or … The post The Difficult Choices People are Making Because of Higher Healthcare Costs appeared first on AccountsRecovery.net.

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Healthcare Debt Making People Sicker: Survey

Account Recovery

More than 40% of respondents have put off a visit to a doctor’s office to … The post Healthcare Debt Making People Sicker: Survey appeared first on AccountsRecovery.net. The results are even more dramatic for minorities, according to the survey.

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Connect, Care, Convert: Secrets to Establishing Trust with Niche Markets and Turning Them Into Clients

Speaker: Lynnette Khalfani-Cox, The Money Coach®

Lynnette Khalfani-Cox, The Money Coach®, will answer these questions and more – giving you insights into the consumer mindset along with proven strategies for nurturing trust and client- building in underserved markets.