Huckleberries Online

Posts tagged: debt collection

Debt Collection Booms In Bad Times

Posted by DFO

Feb. 8, 2012 8:50 a.m. • 5 comments

Sometimes it seems as if all our economic news is bad news. Then a ray of sunshine pierces those clouds. We hear of an industry that is thriving. Whose various companies provide a lot of jobs, a valuable service, a healthy contribution to the public good through taxes, and contributions to charity. An industry like the one that contributed an estimated $311 million to Washington’s economy in 2010, and $30 million to Idaho’s, according to a new report. An industry like debt collection. According to the Association of Credit and Collection Professionals, about $55 billion in unpaid debts was collected by third-party agencies in 2010/Shawn Vestal, SR. More here.

Question: Anyone ever dealt with a debt collection agency and is willing to talk about it?

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About this blog

D.F. Oliveria is a columnist and blogger for The Spokesman-Review. Huckleberries Online was judged the best 2008 Idaho newspaper blog by the Idaho Press Club. And the best 2007 news blog in the Pacific Northwest by the Society for Professional Journalist. Print Huckleberries is a past winner of the Herb Caen Memorial Column contest by the National Association of Newspaper Columnists. The Readership Institute of Northwestern University cited this blog as a good example of online community journalism.