Impact of Third-Party Debt Collection on the National and State Economies
From The Association of Credit and Collection Professionals,
“The U.S. economy is built on the premise that those who provide credit, goods and services have the expectation of being repaid.
Recovery of consumer debt by third-party debt collectors on behalf of America’s public, private and non-profit sectors has significant effects on our nation’s economic health.
Third-party debt collectors are engaged in their local communities as valued civic leaders, employers, volunteers, philanthropists and taxpayers.
To measure the annual impacts of third-party debt collection on the national and state economies, ACA International commissioned global advisory firm Ernst & Young to conduct a survey in Fall 2011.”
Watch this video for a review of the astounding findings…
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