Even as delinquencies on debts like credit cards and auto loans rise, Americans are experiencing record lows in third-party debt collections, a signal of resilience in consumer financial behavior. The ...

It seems like nearly every industry on the planet is now using artificial intelligence in some way, so why not debt collectors, too? A new report from TransUnion, titled Seizing the Opportunity in ...

If a representative from your collections department is trying to find the person who is behind on their vehicle retail installment sales contract, a reasonable chance exists that other organizations ...

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 ...

We've seen about a 54% expense reduction for our early-stage collections. That's people calling on our behalf to remind members that their payments are due.” — Fred Perez, SVP and Chief Lending ...