Most business owners who invoice customers for goods or services will encounter the occasional late payment. However, if a customer’s invoice due date has come and gone and you can’t get a firm answer ...
The Consumer Financial Protection Bureau (CFPB) has proposed new regulations for debt collection agencies. While individuals from the CFPB say they believe that these will provide extra protection for ...
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, ...
When a debt goes unpaid for long enough, it can move through a series of hands, first the original creditor, then a third-party debt collector and sometimes even multiple agencies afterward. Each ...
Debt collectors rarely disappear on their own. Old balances can be sold, resold, and pursued in different ways for years, ...