The Future of Debt Collection Agencies: Contact Center Technology and Customer-Centric Strategies
NobelBiz
APRIL 23, 2024
Reporting to Credit Bureaus : If the debtor fails to respond or pay, the agency may report the delinquency to credit bureaus, which can negatively affect the debtor’s credit score and impact their ability to obtain future credit. The result is a more efficient use of resources and a higher overall success rate in debt collection.
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