Explore Latest Trends in Debt CollectionÂ
While collection agencies worldwide are taken aback by the staggering debt rates in the US alone, the need to continue fostering positive customer relations has also become prominent among debt
While collection agencies worldwide are taken aback by the staggering debt rates in the US alone, the need to continue fostering positive customer relations has also become prominent among debt
While global debt reached a peak of $315 trillion by 2024, there’s a specific type of debt that isn’t everyone’s cup of tea. The chances of retrieving such a debt
With the subscription market expected to reach a staggering $5,014.4 billion by 2023, subscription companies worldwide are focusing on keeping up with the competition. This includes developing customer…
Subscription companies have taken the world by storm, especially with their total market cap of roughly around $14 Trillion. While these companies differ regarding the subscription services offered, they do
Businesses and consumers around the world are tangled around debts daily. With a constant and staggering rise of debt in the US alone, it’s safe to say that these numbers
Applies to All Consumers (B2C) Accounts
| International (Cross-border) | 35% |
| Legal (Pre-authorized) | 50% |
| Out of Business | 50% |
| Judgements | 50% |
| Claim Value | Rates |
|---|---|
| $50,000+ | 20% |
| $5,000 - $49,999 | 25% |
| $1,000 - $4,999 | 35% |
| Under $1,000 | 50% |
| International (Cross-border) | 35% |
| Legal (Pre-authorized) | 50% |
| Out of Business | 50% |
| Judgements | 50% |
| Over 1 Year Old* | 50% |
Applies to All Consumers (B2C) Accounts
| International (Cross-border) | 30% |
| Legal (Pre-authorized) | 40% |
| Out of Business | 40% |
| Judgements | 40% |
| Claim Value | Rates |
|---|---|
| $50,000+ | 15% |
| $5,000 - $49,999 | 20% |
| $1,000 - $4,999 | 25% |
| Under $1,000 | 30% |
| International (Cross-border) | 30% |
| Legal (Pre-authorized) | 40% |
| Out of Business | 40% |
| Judgements | 40% |
| Over 1 Year Old* | 40% |
For Claims UNDER 
120 Days Delinquent.
For Claims OVER 
120 Days Delinquent.
For Claims UNDER 
60 Days Delinquent.
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