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Debt Collection Services Procurement Research Report | Published: Dec 2016

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 provides the latest price data and the factors underpinning price movements, such as input costs and external demand drivers. The report identifies the leading suppliers of Debt Collection Services and offers a strategic analysis of the key factors influencing the way the procurement market works. Data forecasts also accompany our analysis so your company can make purchasing decisions with confidence.

Report Snapshot
Price Forecast & Benchmarking
Benchmark Price
Benchmark Price
Price Change 13-16
IBISWorld Buyer
Power Score
X.X
Profit Benchmark
Profit Benchmark
Price Change 16-19
Price Change
Debt Collection Services - Recent Price Trend

In the three years to 2016, the price of debt collection services has risen an estimated 1.2 percentage points to 27.6% of debt collected. An increase in demand for services has facilitated this upturn in rates for services, although strong competition has moderated the extent of this growth.Consumers have been amassing a greater amount of debt as interest rates have remained low and the economy... purchase to read more

Debt Collection Services - Total Cost of Ownership

There are few hidden costs charged by debt collection agencies, making the total cost of ownership low. The majority of debt collection agencies do not charge any additional fees besides the percentage of the debt recovered. As such, a low total cost of ownership benefits buyers because it reflects the transparency of the pricing model. However, buyers should keep in mind that... 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 delinquent or charged-off. Suppliers use a variety of methods, including mailed letters, phone calls and emails, to obtain payment of these debts. This report excludes the services of debt buyers, which are firms that buy debt at reduced rates, either from creditors or debt collection agencies, and then retain all the money collected from the accounts.



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