Collection Agencies Save The Average Household 479 Per Year
A recent survey by Ernst & Young and ACA International on the health of national and state economies in the U.S. shows that they continue to rely on the recovery of rightfully owed consumer debt.
This is where third-party debt collectors come into the picture, they are key in the recovery of debts and assisting the economy on the state and national levels.
Some of the key findings about third-party debt collectors from the survey are about job creation, outstanding debt and giving back.
When it came to job creation, the collection agencies directly employed more than 136,000 people, with a payroll of $6.4 billion.
With outstanding debt, third-party debt collectors received approximately 1 billion consumer accounts from creditor […]