debt collections values

The Mission of Debt Collections Values

There are certain jobs and industries where cutting corners is acceptable or even considered harmless. The accounts receivable industry, where debt collections values are revered, is not one of them.

“What harm,” one may ask, “is there in not fully complying with state and federal laws, or not documenting business activities such as letters or phone calls?” That type of slack may cut it in some sectors, but not in debt collections.

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auto debt collections

Auto Debt Collections: Delinquencies on the Rise

Earlier this week, TransUnion published an article forecasting higher 2017 delinquency rates for auto loans that will pose greater challenges for auto debt collections. The expected delinquencies are “still far below recession levels,” but auto lenders will be well served by an organized collection effort that allows them to remain in front of the expected…

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