If you’re someone who’s opted to automate debt collection processes for your business, congratulations, you’re on the right path. Automating debt collection has become an invaluable tool for many ...

Experts see that the debt collection industry is undergoing a technology-driven transformation as businesses shift toward automation, artificial intelligence, and predictive analytics to improve ...

Debt collection generates more fraud reports to the FTC than any other industry, according to the agency. But even legitimate ...

Fair Isaac Corporation (FICO) announced Monday that it has acquired CR Software, LLC, a Fairfax, Virginia-based company that offers a debt-collection management platform. Financial terms of the deal ...

Artificial intelligence offers debt collection companies the opportunity to vastly improve margins while achieving higher ...

In Arizona, nearly 2,000 people filed complaints last year. 12News is sharing how a Valley organization is working to get ...

In a related trend, state courts are seeing a spike in debt collection lawsuits. Court filings surged in 2023 and 2024, according to a Sept. 2 report from the Pew Charitable Trusts, based on data from ...

An example of good debt is a student loan used to pay for education that increases your earning potential or a mortgage for a home that builds equity over time. A car loan can be considered bad debt ...