ACA International Releases 2017 Study of 3rd Party Debt Collection Industry

ACA International announced yesterday the release its 2017 Ernst & Young survey results, which provide an in-depth overview of the economic importance of the third-party debt collection industry on the U.S. and individual state economies. According to its member alert,

Based on data from 2016, the report details the industry’s contribution to employment, asset recovery and other fiscal categories. Since 2013, the last year a similar survey was conducted, the amount of debt collected has increased by 42 percent, which translates to a return of $67.6 billion to creditors in 2016.

Key national findings of this landmark study include:

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