News & Publications
Euler Hermes Publications
Our specialists in economics and country risk analysis monitor and assess macro- and micro-economic developments across the globe. Their findings are published in our Weekly Export Risk Outlook, which we issue weekly.
Quick Link to our Weekly Export Risk Outlook!
Corporate Brochure
Commercial Collections & Receivables Outsourcing
Complaints about Debt Collectors Soar in 2010: FTC
The Federal Trade Commission said Tuesday that complaints from consumers about debt collection jumped 18 percent in 2010. Third party debt collectors saw a nearly 25 percent increase in complaints against them.
In the FTC’s annual report on consumer complaints, identity theft was once again the most common complaint received by the agency, logging a total of 250,854. Debt collection came in second with a total of 144,159.
(To see more on this topic please refer to the source link below)
Source link:
http://www.insidearm.com/daily/debt-collection-news/debt-collection/complaints-about-debt-collectors-soar-in-2010-ftc/
What is Euler Hermes Collections doing to prevent complaints? Simply answer: although we are primarily a commercial collections firm, we abide by the FDCPA guidelines and always treat each account with a professional collection demand and follow the highest ethical standards. If you have any questions regarding Euler Hermes collection guidelines, feel free to contact your local sales representative. Thank you!
Euler Hermes Group
