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Consumer Law

: Caveat Emptor

For debt collectors, business is booming

By Sam Glover

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While many businesses are suffering, the debt collection industry expects to make $14 billion this year, a projected 9.8% growth. “We’re in a record-breaking year,” says Paul Donatio of Transworld Systems, Inc. (recently acquired by NCO Group). Individual debtors may be able to pay less, but collectors are still able to squeeze a profit. On the [...]

Full post as published by Caveat Emptor on August 26, 2008 (boomark / email).

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