Debt Collection Agencies in the US - IBISWorld Industry Market Research

Debt Collection Agencies in the US

Debt Collection Agencies in the US - IBISWorld Industry Market Research
Debt Collection Agencies in the US
Published Sep 30, 2015
37 pages — Published Sep 30, 2015
Price US$ 910.00  |  Buy this Report Now

About This Report

  
Abstract:

During the five years to 2015, revenue for the Debt Collection Agencies industry is expected to increase marginally. Moving past the recession, growth in the industry has been tied to several distinct epochs. In the coming years, increases in collection rates and outstanding credit are expected to drive growth in the industry's revenue. As unemployment rates decline and the housing market recovers, consumers' ability to pay back outstanding loans will continue to boost recovery rates. Household debt and outsourcing services are also projected to continue increasing through 2020, supporting industry growth.

The Debt Collection Agencies industry comprises businesses that pursue payments on debts owed by individuals and businesses. Most collection agencies operate as agents of creditors and render their services for a fee or percentage of the total amount owed. Other agencies purchase debt portfolios from creditors at deep discounts and then pursue outstanding balances for their own gain.

The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.

  
Source:
Document ID
56144
Country
Industry
Report Type
Format:
PDF Adobe Acrobat
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IBISWorld Industry Market Research—IBISWorld is a leading strategic business information provider that offers comprehensive information on more than 700 US industries covering 4,000 individual product segments. They also provide global industry and industry risk rating reports covering Australia, the United Kingdom and China. IBISWorld data offers detailed analysis on growth trends, the competitive environment and key issues. Reports average 30 to 40 pages and contain figures; market characteristics; product, market and service segmentation; industry conditions, current and historical performance analysis; risk scores; industry participants and market share; factors to success; and 5-year forecasts with forecast analysis.

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Cite this Report

  
MLA:
IBISWorld Industry Market Research. "Debt Collection Agencies in the US" Sep 30, 2015. Alacra Store. Dec 03, 2016. <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Debt-Collection-Agencies-in-the-US-2042-1192>
  
APA:
IBISWorld Industry Market Research. (2015). Debt Collection Agencies in the US Sep 30, 2015. New York, NY: Alacra Store. Retrieved Dec 03, 2016 from <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Debt-Collection-Agencies-in-the-US-2042-1192>
  
US$ 910.00
$  £  
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