Most business-to-consumer operations possess an arsenal of action jargon, and debt collection agencies are no exception with their charge-offs, garnishments, scrubs and skip traces. In a perfect world, agencies are able to negotiate a fair settlement for clients so they don’t face revenue loss to account charge-offs and consumers aren’t subjected to wage garnishments. If…
DetailsCustomers are the vital spark of business, providing the revenue that supports sustained success and growth. When customers fail to make full or partial payments on goods or services, it can adversely affect cash flow and hinder progress. Businesses that respond to unpaid charges with in-house receivable efforts often lose crucial time and profits because…
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Commercial credit professionals from a wide variety of companies including credit and debt collection agencies will saddle in for another round of educational presentations, solutions-focused exhibits and business enhancing socials at NACM’s 121st Credit Congress and Expo. NACM welcomes individuals from across the nation and abroad, attracting professionals from wholesale distribution, food, construction and other industries. The event takes place June 11 – 14 in Grapevine, Texas at the Gaylord Texan Resort & Convention Center.
DetailsThe Healthcare Financial Management Association’s annual conference in 2017 (HFMA ANI 2017) will fast be upon us, taking place in Orlando, Florida on June 25 to June 28, 2017 at the Orange County Convention Center. ANI 2017 is the premiere healthcare finance event for strategies leading to better outcomes for patients, shareholders and stakeholders. With more than 40,000 members, HFMA is the nation’s preeminent association for healthcare finance leaders.
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Nearly three quarters of Americans are dying with debt according to statistics provided to Credit.com by the Experian’s FileOne database which includes 220 million consumer contacts or about 91% of US adults. The average balance for those without mortgages was $12, 875 while those owning homes died with $61,554 in debt. Data from October to November 2016 was included in the report.
DetailsThe debt collections industry enjoys acronyms almost as much as Congress does — from CCCO, CCCP and PCS to HIPAA, FDCPA and TCPA — but who’s counting? The correct answer is that many parties with a vested interest in debt collections — from consumers, clients attorneys to government bureaucracies and watchdogs — are counting on…
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