Reading Time: 5 minutes In the lending industry, debt collections play a crucial role in ensuring the overall revenue and profitability of lenders.…
Reading Time: 4 minutes Unplanned debts that extend over a long period of time and are not effectively managed may well become a…
Reading Time: 6 minutes As the processes in finance evolve and are modernized, credit risk assessment is undergoing a change, largely driven by…
Reading Time: 6 minutes Debt collection is essential to maintain the financial health of any lending business. Considering the dynamism and complexity of…
Reading Time: 6 minutes Debt collection practices that were associated primarily with aggression, stress, fear, and frustration are slowly undergoing transformation. Banks and…
Reading Time: 3 minutes The rapidly changing consumer behavior is characterized by a paradigm shift in how people search, buy, borrow, consume, engage,…
Reading Time: 5 minutes Field debt collections is a process that involves the recovery of outstanding debts through face-to-face communication between the debtors…
Reading Time: 5 minutes With the growing demand for retail debt amidst the volatile economic scenario there is a potential for a rise…
Reading Time: 5 minutes With geopolitical uncertainties rising due to multiple factors and several economies facing headwinds, economists are predicting that the world economy is…