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Finding A Collection Agency

Credit Management Company

Perhaps you need to consider working with a collection agency. Read on to learn how to hire a collection agency that will serve your best interest and protect your good reputation. Menacing threats and middle-of-the-night phone calls are not the methods top debt collection agencies use.

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How a Debt Collection Agency Can Help Your Cash Flow

Credit Management Company

Lack of payment from products and services already delivered can make it very difficult to continue doing business, so it's the responsibility of debt collection agencies to increase the flow of revenue so that you can meet payroll and fulfill your other financial obligations. Types of Businesses that Benefit from Debt Collection.

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Common Myths About Using a Collection Agency

Credit Management Company

The average American has over $90,000 of debt , and many struggle to manage this number. Therefore, many people find themselves encountering collection agencies at one point or another. Unfortunately, much of what people “know” about the debt collection industry relies more on myths than facts. How do you mitigate this?

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Finding A Collection Agency: Part 1 - The 5 First Steps

Credit Management Company

Are you worried that if you refer your customers to a debt collection agency you’ll lose control of your brand? Here are the best steps to follow when looking for a collection agency to work with, from evaluating whether it’s the right move, to seeking quality referrals. A collection agency can help in those situations.

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Survey shows true cost of Businesses chasing late payments

UK debt collections

The Healthcare sector was revealed as the sector that spent most time chasing debts. The demand for Professional Commercial Debt Collection Agencies is increasing post covid with many Businesses turning to them for help. Shockingly almost a quarter spent even more time chasing late payments at 76%+.

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Exclusive Survey Insights on The Impact of High Days Sales Outstanding

The Kaplan Group

The survey uncovered that industries such as healthcare, manufacturing, and professional services experience distinct issues in payment collection. Healthcare companies showed considerable exposure to very high DSO, with three-quarters of respondents reporting DSO higher than 46 days.

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Key Driver Transforming The Debt Collection Agencies Market 2025: Rising Consumer Debt Levels Fuel Growth In The Market

Collection Industry News

The Business Research Company’s Debt Collection Agencies Global Market Report 2025 Market Size, Trends, And Global Forecast 2025-2034 LONDON, GREATER LONDON, UNITED KINGDOM, March 31, 2025 /EINPresswire.com/ — Get 20% off on Global Market Reports until March 31st! KGaA, Experian plc, Atradius Collections B.V.,