Confidence Survey Tracks Performance Expectations in Anticipation of November Elections
ROCKVILLE, MD: September 30, 2008 – Kaulkin Media, a leading news and information resource to the debt collection / accounts receivable management industry (ARM), is conducting its next quarterly survey to determine how credit and collection professionals view their recovery efforts in light of the current economic unrest, and what they expect to see in the future after the November elections.
Results and analysis from the current survey are to be released in October and will be available in a full report on insideARM.com. Debt collection executives from third-party collection agencies, national debt purchasing organizations, and recovery managers from corporate America are welcome to take the survey by visiting http://tinyurl.com/insideARM-3Q-Survey.
For detailed coverage of insideARM.com’s previous survey, the Second Quarter Collections Confidence Survey, please visit: http://www.insidearm.com/go/2nd-quarter-confidence-survey-report-2008. Results from that survey revealed evidence that as the financial impact of delinquent account balances becomes more detrimental to the bottom line of many credit granting organizations, recovery efforts will intensify. The survey indicated that debt collection firms projected a corresponding increase in accounts, or “placements” from creditors. Nearly 28 percent (27.9) anticipate a “significant increase” in placements through the remainder of the year, and 36.4 percent expect this level of increase a year from now.
Contact
Michael Klozotsky, Analyst
Kaulkin Ginsberg
+1-240-499-3836