UK debt collections
JULY 22, 2021
The UK’s leading High Street banks are strengthening their Debt Collection teams ahead of the emergency covid loan defaults. The UK’s four largest banks are said to have hired over 750 new Debt Collection staff to their debt recovery units in a major challenge facing them.
Account Recovery
AUGUST 19, 2024
Bill Banning Social Media Debt Collection Passes N.Y. Kathy Hochul, that if signed, would prohibit the use of social media platforms to collect debts, for creditors or the collection agents working on their behalf. Legislature A bill is before New York Gov. More details here.
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Account Recovery
AUGUST 19, 2024
Bill Banning Social Media Debt Collection Passes N.Y. Kathy Hochul, that if signed, would prohibit the use of social media platforms to collect debts, for creditors or the collection agents working on their behalf. Legislature A bill is before New York Gov. More details here.
The Kaplan Group
JULY 15, 2020
If collection agents like me are calling you, you need to reduce your debt. To avoid your account being sent to collections, you need to find ways to reduce your debt. If others owe you money, send them to collections. A trained collection agent can resolve the issue faster than your staff.
True Accord
JULY 1, 2021
With automated communications and the consumer’s ability to self-serve, TrueAccord collection agents can service 80,000 accounts at a time, compared to the typical 1,000 to 2,500 accounts that a traditional agent manages on behalf of the financial institution client.
Direct Recovery
APRIL 16, 2023
Wage garnishments are put into place to recover unpaid taxes, outstanding child support, student loans, court judgments, or unpaid bills. The first step in implementing a wage garnishment is for the collection agent to obtain a judgment against the debtor. If you need to catch up, try to work with collection agents.
Better Credit Blog
APRIL 4, 2022
They play with your emotions, tapping into your existing fears and stigmas about debt collection. Agents can simply imply threats, and that’s often enough to prompt payment, such as threatening to call your employer and set up wage garnishment arrangements. Don’t Allow Them To Provoke You. Get a Free Copy of Your Credit Report.
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