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Lauren’s Blog

The Trends of the Collections Industry: 2018

The Trends of the Collections Industry: 2018

Now halfway through the year, the collections industry should expect the early changes in 2018 to continue, according to industry experts. New regulations, new technologies, and customer demands promise to pull collections agents in many directions. According to...
Consumer Debt Overview

Consumer Debt Overview

Debt is the opposite of wealth. Wealth results from having rights to or ownership of things like land, barns, houses, vehicles, food, and clothes.  In contrast, debt equates to owing other businesses or people money, services, or things. Of course, every major...
Challenges Within the Collections Industry

Challenges Within the Collections Industry

With technology constantly growing and becoming more present, the collections industry continues to see new challenges. These challenges in particular are detrimental to the industry because it slows down the efficiency that is possible within the collections...