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RECENT POSTS

Capital Recovery Blog

RECENT POSTS

Capital Recovery Blog

How Does Consumerism Impact Healthcare?

We're living in a time where we have access to more information than ever. We can research anything we want, at any time, from anywhere. This has led to an influx of data educating healthcare consumers to become information-savvy with more expectations and evolved...

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What is the Role of Private Collections Agencies?

Private collection agencies (PCAs) are a big part of the debt collection industry and play an essential role in helping creditors recover their money. Businesses or government organizations can use these agencies to collect past-due payments from their customers.  ...

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Trends in Outsourcing Debt Collection: Part Two

Outsourcing debt collections is a practice that has been gaining momentum among creditors lately.   The benefits of this approach are numerous: improved customer experience, cost savings, time savings and most of all, better recovery rates. Not to mention the...

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Trends in Outsourcing Debt Collection: Part One

The debt collections industry is evolving at a rapid pace, with revenues standing at $14.99 billion in the US and expected to hit $16.7 billion by 2025. Several factors are responsible for this, including the emergence of new debt collection regulations and changing...

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How COVID-19 Has Impacted Debt by Population Segment

The way people approach debt has changed dramatically ever since COVID-19 hit — and so have their financial priorities.   With layoffs, pay cuts, and furloughs adding to the mounting debt, many people have been hit financially for the last two years. So how are each...

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What Collection Methods Work Best for Collections Agencies?

Debt collection can be complicated, especially when dealing with a large customer base. You have to make sure you're treating everyone fairly and equally — but that's easier said than done. At times, collecting debts can even be extremely tedious and challenging. ...

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