What is Midrange? When navigating the debt collection landscape, you may come across the term Midrange. If you’re wondering what it’s about, we’re here to shed some light. Simply put, Midrange refers to a specific stage in collections that handles...
What is Frontend? Don’t confuse Frontend in debt collections with coding or web design. In the world of debt management, Frontend refers to the critical first step in the collection process. It’s when a dedicated team of agents springs into action,...
If you’re in the business of lending, you know that an effective debt collection team is your ace in the hole. Crafting credit policies is not an exact science and there will always be accounts that fall through the cracks. When they become delinquent, a good...
What is Debt Sale? Non-performing loans (NPLs) can be a big risk for businesses because they are past-due loans that have a lower probability of recovery. In these situations, companies consider selling these bad loans as a way to deal with these risks and improve...
