Student loan debt: A boon for savvy collectors

Dec 12, 2018 Philip Burgess

Student loan debt: A boon for savvy collectors

A multitude of twenty-somethings grumble about it every day all over the country, but millions of people buy into it: student loan debt. We live in an age when a college degree is seen almost as a necessity. Many of the more menial jobs in


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Debt collection scams becoming more common

Dec 12, 2018 Philip Burgess

Debt collection scams becoming more common

There are criminals and other ne'er-do-wells located in every corner of the globe, ready to strike out at nearly any industry. Think of it this way: There are pickpockets at many of the most beautiful attractions the world has to offer, just


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How debt collectors are becoming more involved with the public

Dec 12, 2018 Philip Burgess

How debt collectors are becoming more involved with the public

Now more than ever, consumers are depending on loans to get by, which means the amount of money owed by debtors has increased. A report by the Urban Institute and Encore Capital Group's Consumer Credit Research Institute showed that 77 million


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The expectations debtors have for collectors

Dec 12, 2018 Phil Burgess

The expectations debtors have for collectors

With scams rampant, consumers are on the lookout for hoaxes more than ever. Customers are becoming more suspicious of debt collectors over the phone, which means professionals have to pay attention to what the debtor's expectations are during


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How telephone scams affect debt collectors, consumers

Dec 12, 2018 Philip Burgess

Debt collectors face the challenge of overcoming two obstacles - proving their worth to the public and differentiating themselves from the con-men who pose in their place. It can be difficult for those in the business to be seen as assisting


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