10 min
Challenges of Debt Collection 2023 Closing the Books by IC System
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- Business
Consumer habits throughout the pandemic have changed rapidly in almost every
industry, including debt collection. While the onset of the pandemic encouraged some
consumers to save and begin paying back debts, these habits have now shifted. What
exactly are the challenges the repayment industry is facing now and which will likely
continue into 2023?
Consumer habits throughout the pandemic have changed rapidly in almost every
industry, including debt collection. While the onset of the pandemic encouraged some
consumers to save and begin paying back debts, these habits have now shifted. What
exactly are the challenges the repayment industry is facing now and which will likely
continue into 2023?
10 min