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Debt Collection Services Procurement Research Report | Published: Sep 2013

Helping businesses make better purchasing decisions, faster

Debt Collection Services: Procurement Research Report Highlights

Benchmark Price RFP/RFQ/Negotiation Questions
3-year Price Forecast Supply Chain Analysis
Supplier Intelligence Sample Buyer Decision Scorecard
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IBISWorld’s Debt Collection Services Procurement Research Report helps simplify the purchasing process. This report provides tools such as pricing trends and forecasts, supplier benchmarks and negotiation questions to help you work with internal stakeholders and executives to manage the procurement process for your company. With this information, your company will be able to make credible and knowledgeable decisions regarding purchasing Debt Collection Services.

Report Snapshot
Price Forecast & Benchmarking
Benchmark Price
Benchmark Price
Price Change 10-13
IBISWorld Buyer
Power Score
X.X
Profit Benchmark
Profit Benchmark
Price Change 10-13
Price Change
Debt Collection Services - Recent Price Trend

The recent price trend has been negative for buyers. Due to the recession, debt collection has been more difficult. Per capita disposable income plummeted in 2009, making it difficult for consumers to repay their debts. Meanwhile, unemployment skyrocketed and consumers were forced to delay paying their debts or defaulted altogether. Additionally, interest rates and household debt fell from 2009... purchase to read more

Debt Collection Services - Total Cost of Ownership

Hidden costs are few among debt collection agencies, making the total cost of ownership low. The majority of debt collection agencies do not charge any additional costs besides the percentage of the debt recovered. However, some agencies will charge for incidental costs incurred while recovering the debt. These additional costs can include long-distance fees, background checks on debtors, travel... purchase to read more

 


About This ReportRelated ReportsTable of Contents

This report is intended to assist buyers of debt collection services. Creditors hire debt collection agencies to help collect payments on accounts that are past due or are in default. Debt collection agencies do not include debt buyers, which are companies that buy debt at reduced rates from creditors or debt collection agencies and then retain all the money collected from the accounts.



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