Qualco

APRIL 15, 2024

To address these issues, our latest blog explores the QCR Accelerator, a state-of-the-art , plug-and-play collection software specifically designed to streamline and automate debt recovery processes. HURDLES IN DEBT RECOVERY Financial institutions are encountering considerable difficulties in collecti ons concerning unsecured loans.

Financial Institution 97

Financial Institution Collections Debt Recovery Unsecured Debt 97

True Accord

MARCH 5, 2024

Bottom line: households took on more debt at the end of last year and we’re seeing loans increasingly going bad, according to data from the Federal Reserve Bank of New York , leading to a shift in consumer spending for 2024.

Consumer Credit 114

Consumer Credit Student loans Student Loans Collections 114

True Accord

SEPTEMBER 12, 2024

For one online lender, providing online personal loans to underserved consumers was not only a core service for their business but also a key part of their company mission. TrueAccord proved more effective for late-stage collections and better aligned with online lender’s empathetic approach to financial services.

Lender 64

Lender Collections Debt Recovery Collections Agency 64

Collection Industry News

MARCH 30, 2025

billion in 2029 at a compound annual growth rate CAGR of 3.2%, the forecasted growth can be attributed to the upswing of digital commerce, increased lending by financial institutions, increasing credit card usage, international debt recovery, and expanded lending by financial institutions. From an expected value of $34.51

Collections Agency 40

Collections Agency Collection Agencies Collections Financial Institution 40

Taurus Collect

MAY 4, 2022

Most people think that all debt collectors are the same. Some top-notch debt collector professionals specialize in matters associated with personal loans, credit cards, and remission of payment. Thus, do your research to identify the debt collectors that serve similar services to your field of work.

Debt collector 52

Debt collector Collections Agency Collection Agencies Debtor 52

Collection Industry News

MARCH 19, 2024

Bottom line: households took on more debt at the end of last year and we’re seeing loans increasingly going bad, according to data from the Federal Reserve Bank of New York, leading to a shift in consumer spending for 2024.

Consumer Credit 40

Consumer Credit Student loans Student Loans Collections 40

Collection Industry News

JUNE 1, 2023

Regulatory Changes: The debt collection industry is heavily regulated, and changes in regulations often shape its landscape. Governments and regulatory bodies continually strive to strike a balance between consumer protection and enabling efficient debt recovery.

Collections 40

Collections Collections Agency Collection Agencies Debtor 40