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Monthly archives: November, 2009
The Use of Debt Collection Systems for First and Third Party Agencies
Debt collection systems are used for streamlining collections for first and third party collection agencies. First party agencies are part of the same company as the creditor, and third party agencies are a separate entity obliged to adhere to FDCPA standards. Businesses or organizations have procedures to retrieve uncollected funds from debtors for products and ...
Choose Collection Software for Agency Needs
Various types of collection software are available to suit the needs of individual agencies. All collection agencies utilize software to aid in payment processing and access to information. Some larger agencies also use next generation dialer capabilities to increase the number of debtors reached. Collection agencies come in different sizes and have varying specialties, and ...