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Key Driver Transforming The Debt Collection Agencies Market 2025: Rising Consumer Debt Levels Fuel Growth In The Market

Collection Industry News

The growth in the historic period can be attributed to rising consumer debt levels, economic downturns, growth in unsecured loans, expanding credit access, and elevating regulatory compliance requirements. The debt collection agencies market size is expected to see steady growth in the next few years. It will grow from $29.35

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The End of Collections

Re:Ceeve

These portfolios are, for example, non-performing loans (NPLs) from banks and financial institutions or pooled portfolios in certain industries where individual claims are tiny, but number in the millions. Those days are long gone and so too should be the process of outsourcing collections.

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CFPB Annual Report on FDCPA Activities (2024)

Burt and Associates

The Financialization of Medical and Rental Debt For many Americans, healthcare and housing are essential yet increasingly expensive necessities. Financial products like payment plans and security deposit loans aim to make these costs manageable but often have unintended consequences.

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CFPB Annual Report on FDCPA Activities (2024)

Burt and Associates

The Financialization of Medical and Rental Debt For many Americans, healthcare and housing are essential yet increasingly expensive necessities. Financial products like payment plans and security deposit loans aim to make these costs manageable but often have unintended consequences.