In the red: COVID-19 pandemic relief packages have limited industry activity, reducing revenue Abstract Debt Collection in Australia Debt collection firms retrieve debt payments from individuals and businesses that have failed to meet the terms and conditions outlined by their loan agreements. A firm...
Past due: Increased regulation to curtail aggressive collection tactics will likely limit revenue growth Abstract Debt Collection Agencies in the US Over the five years to 2019, revenue for the Debt Collection Agencies industry is expected to contract. Overall, the level of debt in the United States...
On the money: New legislations are expected to support industry revenue growth Abstract Loan Brokers in the US The Loan Brokers industry is expected to expand over the five years to 2019 as access to credit and consumer incomes continue to rise. Favorable economic conditions and low interest rates have...
Abstract Invoice Factoring Procurement in the US This report is intended to assist buyers of invoice factoring, also called accounts receivable factoring or non-recourse factoring. Invoice factoring providers purchase current accounts receivable at a discount from buyers and then collect the outstanding debt....
Reporting back: The number of businesses will likely rise, supporting demand for industry services Abstract Credit Bureaus & Rating Agencies in the US The Credit Bureaus and Rating Agencies industry exhibits a high level of market share concentration, with the four largest players (Experian PLC,...
Breaking the bank: Industry firms are likely to struggle to collect debt, weighing on revenue Abstract Debt Collection Agencies in the UK The industry includes companies that purchase debt portfolios from financial institutions and other companies at less than their face value. They then seek to recover...
Deserving credit: Increased outsourcing to industry firms has driven revenue growth Abstract Credit Reporting and Debt Collection Services in New Zealand Industry operators primarily compile information on an individual or business’s credit or employment history, and a vehicle’s legal status. Firms...
Worthy: Growing demand from banks for the industry’s services has boosted revenue Abstract Credit Agencies in Australia The industry provides independent opinions about the creditworthiness of companies, individuals, securities or financial obligations. A credit bureau (or consumer credit reporting...
Take back: More loans will likely lead to increased demand for industry services Abstract Repossession Services Operators in the Repossession Services industry repossess properties including automobiles, boats, furnishings and equipment on behalf of creditors when individuals fail to keep up with...
Pay up: The ability to service debt by household is expected to ultimately reduce demand for industry services Abstract Debt Collection Agencies in Canada The Debt Collection Agencies industry in Canada has performed poorly over the five years to 2019 as marked improvements in the ability of both consumers...