Nexa Collect

JANUARY 16, 2023

Impact of Rising Interest rates on Consumer Debt. Credit Card Debt: Higher monthly payments since they charge a higher interest rate. Need a collection agency that can quickly work on your outstanding invoices? Most economists believe that a recession is inevitable. Higher mortgage and car loan payments.

Debt Recovery 130

Debt Recovery Credit Card Debt Collection Agencies Collections Agency 130

Nexa Collect

JULY 31, 2020

The number of delinquent accounts will rise sharply, forcing companies into a defensive debt recovery position. Recovering Credit Card Debt Nationwide. Need a Collection Agency? Higher Recovery Rates : Top-Notch Customer Service. Collections can be a thankless task. Contact Us. Be Persistent.

Credit Card Debt 130

Credit Card Debt Collections Debt Recovery Collection Agencies 130

True Accord

MARCH 5, 2024

Today, about 61% of American households have credit card debt and the average credit card debt balance sits at $5,875. Plus, 71% of consumers expect personalized experiences, which means one-size-fits-all outreach isn’t going to cut it in collections.

Consumer Credit 86

Consumer Credit Student loans Student Loans Collections 86

Better Credit Blog

JANUARY 27, 2021

If you’re getting calls from a company called Debt Recovery Solutions, you probably have one or more unpaid bills to take care of. And this can range from credit card debt to hospital bills to utility fees. If you’re getting calls from them, this can mean trouble for your credit. Validate the Debt.

Debt Recovery 52

Debt Recovery Debt collector Collections Credit Card Debt 52

Collection Industry News

MARCH 19, 2024

Today, about 61% of American households have credit card debt and the average credit card debt balance sits at $5,875. Plus, 71% of consumers expect personalized experiences, which means one-size-fits-all outreach isn’t going to cut it in collections.

Consumer Credit 40

Consumer Credit Student loans Student Loans Collections 40

True Accord

MARCH 29, 2023

So integrating an intelligent digital communication strategy with traditional call-and-collect or letters sounds like a smart plan, but why is it more important now than ever before? Let’s look at why today’s economic landscape makes omnichannel engagement critical for collections and how your business can get there.

Debt Recovery 50

Debt Recovery Credit Card Debt Fair Debt Collection Collections 50

Taurus Collect

JUNE 16, 2022

Having debts in the collection primarily means that a third party is pursuing you to retrieve payments for your debts on behalf of your creditors. Debt collection is a process that gives debtors certain rights that debt collection agencies must respect. What does it mean to have debt in collections?

Retrieval 52

Retrieval Debt collector Collections Collection Agencies 52