This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
However, people don’t realize that there are two distinct business models in the collection industry that conduct the collection of delinquent accounts in different ways. Debt collection varies depending on the companycollecting the debt. The name of the originalcreditor. The Process.
Portfolio Recovery buys multiple accounts with old debt from companies that have given up and “charged off” the accounts. In other words, when the originalcreditor has been unsuccessful in collecting on a debt, it will write off the debt as a loss. How Portfolio Recovery Associates Works. This is called a charge-off.
Also known as CollectionCompany of America, EOS CCA is a large collection agency that currently employs about 6,000 employees. They collect a variety of debts including those from banks, telecommunication companies, studentloan providers, college and universities, and more.
Also known as Pioneer Landing, Pioneer Credit Recovery is a medium-sized debt collectioncompany that is headquartered in Arcade, NY. Originally founded in 2001, they collect debt on behalf of federal studentloan servicers, county and municipal courts, the IRS, and more. What Is Pioneer Credit Recovery?
We organize all of the trending information in your field so you don't have to. Join 19,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content