Credit Card Charge-off Collections Takes Brains not Brawn
|出版商||Mercator Advisory Group, Inc.||商品編碼||906606|
|出版日期||內容資訊||英文 22 Pages, 11 Exhibits
|信用卡的銷帳:不靠腕力而以智力的債權回收 Credit Card Charge-off Collections Takes Brains not Brawn|
|出版日期: 2019年08月14日||內容資訊: 英文 22 Pages, 11 Exhibits||
本報告提供美國的信用卡債權回收趨勢調查，美國FDCPA (公正債權回收法)的最新趨勢，信用卡的老化 (債權回收的時間序列的調查) 流程，破產趨勢、轉變，銷帳率的變化、預測，信用卡債權回收的第三方企業的重要性等彙整資料。
Tightening credit management: third party collections augment bank card issuers' strategies to control loss
Mercator Advisory Group's New research report explains the importance of third-party collection agents and proposed new regulatory updates.
The Consumer Finance Protection Bureau is in the process of modernizing the Fair Debt Collection Practices Act (FDCPA), which is an appropriate move for the credit card industry. It is the perfect time for credit card issuers to consider their current collections strategies while the economy is performing well. Mercator Advisory Group's latest research report, Credit Card Charge-Off Collections Takes Brains not Brawn The report explains the importance of third-party collection agents and why proposed regulatory updates are appropriate for the U.S. credit card business.
Readers will learn how the credit card aging process works, why third-party agencies help manage financial institution account overflow, and how the FDCPA creates guard rails for the industry.
"The timing of the original Fair Debt Collection Practices Act was perfect. Revolving debt in the U.S. hit $50 billion," comments the author of the research report, Brian Riley, Director, Credit Advisory Service at Mercator Advisory Group. "Today, the U.S. credit card market has more than $1 trillion of revolving debt. Loss rates are at normal levels, yet more than 1 million U.S. cardholders end up at collection agencies each year. FDCPA was born in a world before cellphones, email, and texts. FDCPA 2.0 addresses all these functions and curtails litigation in zombie debt. Both are appropriate next steps," says Riley.
Companies and other organizations mentioned in this research report include: ACI Alorica, Banco Bradesco, Citi, Encore Capital Group, Equifax, Experian, Expert Global Solutions,FICO, NCO, Portfoliio Recovery Associates, PRA Group, TransUnion