Abstract
This newly updated bestseller by Marketdata examines the growth business of
debt collection agencies. Complaints by consumers about harassment by
collectors and inaccuracy of credit files/scores still exist. Collections is a
fragmented business of 6,500 mostly small firms. Major consolidation has taken
place amongst collections agencies since the late 1990's, and two firms now
account for $1.4 billion in sales. Technology is making firms more efficient
and profitability has risen. The study examines industry revenues/growth,
competitor profiles/rankings, emerging trends, extensive operating ratios,
etc.Covers national revenues (1987-2004 actual, 2005 & 2006 estimates, 2009
forecasts), latest 2002 Census data, examines consumer debt trends, the debt
buying market, outsourcing, status of IRS tax debt business, market segments,
delinquencies and bankruptcies trends, and more. Contains 55 tables and
charts. This report is also sold by chapters. Call for prices.
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