With multiple companies offering a commercial service to collectors to identify consumers enrolled in
debt settlement programs through the use
of an aggregated database
of debt settlement consumers, many buyers and collectors have developed a hybrid
strategy of working directly with a few large
debt settlement companies while also scrubbing collection files and submitting offers through third party
debt settlement account aggregators.
If your firm is looking for new ways to recognize real value from collections files, trying to locate or contact consumers motivated to settle their
debts and who are funding trust accounts for this purpose on a monthly basis and if your firm is seeking an enhanced layer
of security and compliance when dealing with third parties in the
debt settlement industry, consider a
strategy focusing on consumers enrolled in
debt settlement programs and select a commercial vendor that aggregates this data to make the process
of working with this industry more efficient, compliant and profitable.»