Key Takeaways Commercial debt collection agencies typically charge contingency fees ranging from 15% to 50% of ...
Debt collection is changing fast. AI-powered systems are replacing traditional call centers, operating 24/7 to recover debts while maintaining customer satisfaction. For banks, fintechs, and ...
Think you can ignore a $50 debt without consequences? Think again. While there’s no legal minimum for collections, even tiny unpaid amounts can haunt your credit score—and the threshold that triggers ...
Financial institutions use artificial intelligence (AI) and machine learning (ML) models to reshape debt recovery. Although you probably haven’t noticed any changes yet — these technologies are ...
Equabli Inc. has raised $3.35 million of additional capital in a funding round led by Social Leverage. Other investors include BankTech Ventures and Cross River Digital Ventures. Equabli is a debt ...
CANTON, Ga.--(BUSINESS WIRE)--Capital Recovery Corporation (“Capital Recovery”, “CR Corp”) a leading provider of compassionate medical and commercial debt recovery services, is proud to announce that ...