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Overcoming Challenges as Debt Collectors

American Profit Recovery

By Delaney: Debt Collectors are faced with many hurdles when trying to contact consumers to pay on past due balances. Many of these hurdles come from pre-conceived notions about what it means to have an account sent to collections, or to be contacted by a collection agency.

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State Regulators Ask Ed. Dept. To Rescind Guidance and Make it Easier to Investigate Student Loan Collectors

Account Recovery

The letter was written by … The post State Regulators Ask Ed.

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Golden Years Going Plastic: AARP Finds Older Adults Swiping for Survival

Account Recovery

Why it matters: For professionals in debt collection agencies, debt buying companies, fintechs, banks, credit unions, and consumer finance firms, these findings underscore a growing vulnerability among older borrowers.

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Collection Agency for Excessive Employee Reimbursement

Nexa Collect

Did you sponsor higher education for your employee with a commitment to work with you for a few years, but he resigned right after completing the degree? A collection agency can work with your employee professionally and legally to ensure that you get your money back. Need a collection agency? Contact us.

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Average Recovery Rate of a Collection Agency

Nexa Collect

An average collection agency will recover about 20% of the total debt assigned. Here are the most important factors which decide how much a collection agency will collect for you: 1. They must have at least a few bilingual debt collectors in order to recover from people who prefer talking only in Spanish.

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Celebrating 20 years-how it started and how it’s going

American Profit Recovery

However, we are not just celebrating being in business for two decades, we are applauding our vision come true and how we have built a reputable debt collection agency that has achieved what we set out to do in 2004. We came together because we saw an opportunity to improve just about every area of collections.

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National Consumer Protection Week 2022

American Profit Recovery

National Consumer Protection Week in 2022 is March 6-12 and is meant to educate everyone about how to improve finances, avoid scams and fraud as well as educate consumers about their rights. Everyone here at American Profit Recovery understands that as a collection agency we need to be as transparent as possible.