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News & Blog

August 04, 2022
Uncategorized

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
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
Uncategorized

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 14, 2022
Customer Service, Technology

Customer Service Is Still Not Human Enough

  • By author-avatar Andrew Coffey
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As the race towards automation and efficiency through the use of AI self-service tools continues in customer contact centers, the consu...

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June 06, 2022
Uncategorized

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
Uncategorized

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
Uncategorized

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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March 07, 2022
Company News, Customer Service, Outsourcing

The Benefits of a Nearshore/Domestic Contact Center Blend

  • By author-avatar Cesar Guzman
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The demand for nearshore contact center support has grown significantly in recent years, according to organizations such as Forrester R...

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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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February 02, 2022
Company News, Training & Development

Why Empathetic Leadership Makes Good Business Sense 

  • By author-avatar Andrew Coffey
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The business climate of 2021 will long be known for what’s been dubbed “The Great Resignation.”  With an average of 3.9 million workers...

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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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