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Home » Archive by Category "Uncategorized" (Page 3)
July 05, 2022
Uncategorized

Debt Collection During An Inflationary Economy

  • By author-avatar Steve Klopstock
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The New York Federal Reserve recently reported that household debt climbed to $15.8 trillion in the first quarter of 2022. This represe...

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June 23, 2022
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The Bilingual Customer Experience: It’s About More Than Just Language  

  • By author-avatar Cesar Guzman
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From 2010-2020, the buying power of Hispanic Americans grew by 87%, compared to 51% for non-Hispanic consumers.  It’s no secret that Sp...

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June 06, 2022
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Subprime Loan Delinquencies on the Rise

  • By author-avatar Louis Ochoa
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According to Equifax, 11.3% of subprime borrowers’ personal loans and lines of credit were at least 60 days delinquent in March of this...

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May 11, 2022
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Rise In Fintech Lending Creates Opportunity and Risk

  • By author-avatar Andrew Coffey
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Fintech is undoubtedly one of the fasting growing global industries.  Once known as “disruptors”, the companies that make up this vibra...

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April 28, 2022
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The Benefits of Returning To the Physical Office

  • By author-avatar Louis Ochoa
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The debate over whether to have employees return to the office has been one of the most widely discussed business topics of the past fe...

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February 21, 2022
Collections, Customer Service, Outsourcing, Uncategorized

As Consumer Debt Rises, Have a Collections Action Plan

  • By author-avatar Louis Ochoa
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According to the Federal Reserve Bank of New York, total U.S. household debt grew by more than $1 trillion to a total of $15.6 trillion...

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January 13, 2022
Customer Service, Fintech, Outsourcing, Uncategorized

Financial Services CX: Customer-Centric Strategy is Crucial

  • By author-avatar Louis Ochoa
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According to a Harvard Business Review survey, 64% of financial services companies consider improving the customer experience to be a T...

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December 01, 2021
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Evolving From The Feedback Economy To The CX Economy

  • By author-avatar Andrew Coffey
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The Feedback Economy. A common (perhaps even overused) buzzword in today’s business climate, it is often discussed as one of the most c...

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October 16, 2021
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Consumer Complaints Are Largely Avoidable

  • By author-avatar Robert Caracciola
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Complaints to the Consumer Financial Protection Bureau (CFPB) jumped nearly 54% in 2020. And recently revealed data from WebRecon LLC r...

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August 24, 2021
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Staffing Leads List of Contact Center Challenges

  • By author-avatar Louis Ochoa
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According to Contact Center Pipeline, contact centers are facing a whole new set of challenges in 2021. In their survey of more than 25...

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Giving Back to the Community

In alignment with our ongoing commitment to community and environmental stewardship, Servicing Solutions hosted a meaningful Earth Day event this year at Bolsa Chica State Beach.

On a sunny California morning, employees from our local office teamed up with Surfrider Foundation North Orange County for a beach clean-up event to demonstrate our dedication to making a positive impact on the planet.

Feedback from employees suggests that the beach clean-up was well-received and provided a fulfilling way to give back to the community while fostering a culture of sustainability within the company.

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Servicing Solutions and its affiliated companies do not perform repossessions in any state, but contract with professional, fully vetted, and properly licensed (in states with licensure requirements) recovery agents.

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