The U.S. economy is built on the premise that those who provide credit, goods and services have the expectation of being repaid.
Recovery of consumer debt by third-party debt collectors on behalf of America’s public, private and nonprofit sectors has significant effects on our nation’s economic health.
Third-party debt collectors are engaged in their local communities as valued civic leaders, employers, volunteers, philanthropists and taxpayers.
To measure the annual impacts of third-party debt collection on the national and state economies, ACA International commissioned global advisory firm Ernst & Young to conduct a survey in the fall of 2011.
Economic impact of third-party debt collection
Complete Survey Report
Sources: Ernst & Young, 2011 www.acainternational.org/impact & U.S. Government