CHICAGO, Jan. 15, 2025 (GLOBE NEWSWIRE) -- More than half (52%) of debt collection companies have experienced an increased or significantly increased volume of accounts placed or acquired over the ...

Key Takeaways Commercial debt collection agencies typically charge contingency fees ranging from 15% to 50% of ...

Utilizing data to drive the right approach in a rapidly changing environment is becoming “more impactful to recovery and collections performance than ever.” Those that do will be able to unlock ...

With federal oversight in retreat, deep-pocketed collection companies are aggressively pursuing down-and-out consumers who are struggling with record levels of credit card debt. Meanwhile, consumer ...

So a retailer sells too many goods to deadbeats and has trouble collecting? It sells the bad debts for pennies on the dollar to companies that specialize in collecting debts, perhaps using strong arm ...

Artificial intelligence offers debt collection companies the opportunity to vastly improve margins while achieving higher levels of regulatory compliance and maximizing scalability, writes Ohad Samet, ...

A big part of the Consumer Financial Protection Bureau’s potential to help consumers is its ability to supervise nonbank participants in the financial industry. This far-ranging swath of companies ...

Construction companies that have a federal contract or subcontract in excess of $10,000 must submit Form CC-257 each month. Construction companies that have a federally assisted construction contract ...