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Good News, Bad News: Credit and Collections

The robust economy's low default rate has many creditors rethinking their collections practices and capabilities. But what should be their strategy for when the good times end?

26 minute readAugust 02, 2015 at 12:00 AM
By
Brett Boehm
Good News, Bad News: Credit and Collections

The robust economy's low default rate has many creditors rethinking their collections practices and capabilities. But what should be their strategy for when the good times end?

Since emerging from the recession in 2009, lenders have enjoyed a nearly unprecedented opportunity to add new deals to their portfolios of loans and leases. Meeting the recovering and expanding demands for equipment has meant financing opportunities have been abundant.

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