Credit Card Charge-off Collections Takes Brains not Brawn
発行: Mercator Advisory Group, Inc.
ページ情報: 英文 22 Pages, 11 Exhibits
当レポートでは、米国のクレジットカード債権回収の動向を調査し、米国FDCPA (公正債権回収法) の最新動向、クレジットカードのエイジング (債権回収における時系列的調査) プロセス、破産動向・推移、貸倒償却率の推移・予測、クレジットカード債権回収におけるサードパーティ企業の重要性などをまとめています。
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