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Debt Collection Services Procurement Research Report | Published: Nov 2014

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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If your company is looking to save time and money during the initial stages of the buying process, IBISWorld’s Debt Collection Services procurement research will provide you with the tools necessary to do just that. This report breaks down the data and analysis behind buying Debt Collection Services, such as pricing dynamics, supply chain risks and external demand drivers. Your company will also gain expert negotiation tactics to help gain leverage when working with suppliers.

Report Snapshot
Price Forecast & Benchmarking
Benchmark Price
Benchmark Price
Price Change 11-14
IBISWorld Buyer
Power Score
X.X
Profit Benchmark
Profit Benchmark
Price Change 14-17
Price Change
Debt Collection Services - Recent Price Trend

Debt collection service prices have been rising at an estimated annualized rate of 1.3% in the three years to 2014. During the recession, debt collection was more difficult as per capita disposable income plummeted, making it difficult for consumers to repay their debts. Meanwhile, unemployment skyrocketed and consumers were forced to delay paying their debts or defaulted altogether... 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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