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News & Blog

November 21, 2022
Collections, Compliance, Customer Service, Remarketing

Key Takeaways from The Auto Finance Summit

  • By author-avatar Andrew Coffey
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I recently spent three days at the Auto Finance Summit (AFS), a conference attended by thousands of the industry’s most innovative comp...

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November 02, 2022
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Buy Now Pay Later Growth Presents Challenges

  • By author-avatar Robert Caracciola
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According to research firm Technavio,  the “Buy Now Pay Later” (BNPL) market is expected to grow by  $41.83 billion from 2021 to 2026. ...

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October 11, 2022
Customer Service, Outsourcing

How To Reverse The Continued Drop in Customer Satisfaction

  • By author-avatar Corey Brown
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According to the American Customer Satisfaction Index (ACSI), American consumers are showing continued dissatisfaction with the level o...

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October 03, 2022
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Financial Literacy Education: Good For Lender Profitability

  • By author-avatar Andrew Coffey
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According to The Financial Brand, financial literacy has traditionally been viewed by banking and lending executives as “little more th...

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September 22, 2022
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Reduce Telecom Churn By Focusing On The Customer Experience

  • By author-avatar Cesar Guzman
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The telecom industry has long faced the critical challenge of retaining customers with an average churn rate of 27% (in some segments, ...

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August 18, 2022
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Consider Your Repossession Strategy as Auto Loan Delinquencies Rise

  • By author-avatar Louis Ochoa
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With more and more borrowers falling behind on their auto payments, the industry is starting to see a noticeable increase in repossessi...

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August 10, 2022
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CX Ratings Dip at Record Levels: How Can Your Brand Reverse That Trend?

  • By author-avatar John J. Cruz
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According to Forrester's  US 2022 Customer Experience Index rankings, customer satisfaction ratings fell for 19% of brands in 2022, rep...

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August 04, 2022
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Human Error: A Real (But Manageable) Threat to CX and Sensitive Data Security

  • By author-avatar Kristin Andreasen
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According to a recent study by IBM, human error is the cause of a staggering 95% of all cybersecurity and data breaches.  Another study...

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July 05, 2022
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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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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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