Debt Collectors vs. Debt Buyers: What's the Difference?
June 29, 2015
Nick Jarman is the owner of RightAway, LLC, which provides coaching services focused on getting individuals from where they are to where they need to be. In addition to leadership development and coaching, Nick provides consulting services to the credit and collection industry with a focus on first and third party debt collectors, debt purchasers, and vendors. He has two decades of experience encompassing all facets of credit and collection operations including performance, compliance, business development, training, IT, analytics, and client experience. He served the last three years on the Board of Directors for ACA International and is the past President of the Missouri Collectors Association. He is adamant about leading by example and ensuring that every process is done the “right way.”
A consumer may not know the difference between a debt collector and debt buyer, but the fact is they are quite different.
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