With the growing mountain of private and commercial debt in America, debt consolidation merchants are on the precipice of a sudden spike in demand from consumers looking to wrangle their debt burden.Private debt to gross domestic product in the United States is currently at 200%. That means for..
Debt collectors are faced with tremendous challenges. According to PWC, the industry is transforming as the regulators add pressure and oversight to consumer collections. Collections is still a vital part of the lending process. For example, one in three Americans have had an unpaid bill or loan..
Electronic Checks for CollectionDebt collection agencies, credit counseling and repair services, bankruptcy attorneys as well as other industries in working with financially challenged clients find echecks are one of the best payment processing options.These types of companies establish echeck..