The term "debt collection services" refers to a set of practices and procedures used by companies or agencies to recover debts owed by individuals or businesses. Full definition
But the low - entry barrier to accessing credit has led to widespread late repayment, and thus the demand for debt collection services. (fortune.com)
Also many debt collection service companies like CLH had recently plummeted 50 % or more in just few days and given huge Australian housing bubble and miners debts they may rise again soon. (valueandopportunity.com)
Most credit issuers maintain proprietary debt collection services for early delinquencies. (investopedia.com)