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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.
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Commercial Collections & Receivables Outsourcing
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.
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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!