May 14, 2008
"WARNING: Debt Collectors Are Busier Than Ever!"
The statistics for debt collection are hard to come by, anecdotal evidence suggests that collection efforts of both 3rd party bill collectors and creditors themselves have been rising in number and complexity.
Some consumers complain of being barraged with calls from multiple collections agencies. Others say they are urged to take on new loans to repay existing debt.
The people who best know when and whether invoices are being paid are the nations 6,000 collection agencies. These companies collect debts owed to others. As they tell it, "there's been a slowdown in paying bills", which makes them busier than they've ever been before.
If your finding it hard collecting money owed to you. Find out how to get your debt collected now!
Filed under Debt Recovery by master
