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Debt Collection Services

Overview

ProcurementIQ’s Debt Collection Services Procurement Research Report offers purchasing insight into the Debt Collection Services market. Our analysis dissects pricing trends and the supply chain, including highlighting key suppliers and their financial benchmarks. The report also provides key pieces of take-away intelligence, such as negotiation question preparation and a buying decision scorecard, which includes factors weighted according to their importance in the decision-making process.
doneBenchmark Price
doneRFP/RFQ/Negotiation Questions
done3 Year Price Forecast
doneSupply Chain Analysis
doneSupplier Intelligence
doneSample Buyer Decision Scorecard
REPORT SNAPSHOT

Debt Collection Services - Recent Price Trend

In the three years to 2018, rates for services have risen an estimated 1.0 percentage points due to rising demand for debt collection services. For example, consumers have been amassing a greater amount of debt as interest rates have remained low and the economy has steadily improved, which has resulted in greater household debt. As aggregate household debt has been increasing, the number of.

Debt Collection Services - Total Cost of Ownership

There are few hidden costs charged by debt collection agencies; therefore, the total cost of ownership for market services is 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 allows them to budget accurately for the cost of these services. However, buyers.

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About this Report

This report is intended to assist buyers of debt collection services. Operators collect payments on charged-off or delinquent accounts and remit them to their clients. Collection agencies use a variety of methods, including mailed letters, phone calls and e-mails, 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.

Table of Contents

At a Glance

Executive Summary

Price Environment
 Price Fundamentals
  Benchmark Price
  Pricing Model
 Price Drivers
 Input Cost Drivers
 External Demand Drivers
 Recent Price Trend
 Price Forecast

Product Characteristics
 Product Life Cycle
 Total Cost of Ownership
 Product Specialization
 Related Goods
 Subsitute Goods
 Regulation
 Quality Control
Supply Chain & Vendors
 Supply Chain Dynamics
  Supply Chain Risk
  Geographic Locations
  Imports
 Competitive Environment
  Market Share Concentration
  Vendor Company Types
 Market Profitability
 Switching Cost

Purchasing Process
 Buying Basics
 Buying Lead Time
  Selection Process
  Buying-Decision Scorecard
 Key RFP Elements

Negotiation Questions

Buyer Power Score Components

Jargon & Glossary

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