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Collections (Early Stage Delinquency)

In: The Management of Consumer Credit

Author

Listed:
  • Steven Finlay

Abstract

One of the biggest costs of running a consumer credit business is the loss from debts that are written-off due to customers failing to repay what they owe. For a typical credit card business, write-off accounts for about one third of all costs (Evans and Schmalensee 2005 p. 224).

Suggested Citation

  • Steven Finlay, 2010. "Collections (Early Stage Delinquency)," Palgrave Macmillan Books, in: The Management of Consumer Credit, edition 0, chapter 7, pages 132-146, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-0-230-27522-5_7
    DOI: 10.1057/9780230275225_7
    as

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