Remove Acquisition Remove Loans Remove Personal loans Remove Student Loans
article thumbnail

State of the Collections Industry in 2021

The Kaplan Group

While much of the decline is due to mergers and acquisitions, the majority of firms that simply closed were small, local firms or larger agencies with heavy overhead. The number of new loans originated has also fallen across a variety of debt types, with the most precipitous drop in bank card originations. That’s a 2.5%