According to a new survey conducted by Ernst & Young on behalf of ACA International, the third-party debt collection industry returned $67.6 billion to creditors, ranging from financial institutions to small businesses in local communities, in 2016. The survey findings are presented in a report titled, "The Impact of Third-Party Debt Collection on the U.S. National and State Economies in 2016,” which also shows that the credit and collection industry supported 129,262 American jobs in 2016.
Collectors Return $67.6 Billion and Support 129,262 Jobs
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- Written by: ACA International
- Category: Breaking News - Daily