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#13 - What If Debt Collectors Helped Rather Than Abused?
Manage episode 318642448 series 3286751
Indhold leveret af Jared Klee & Steven Dickens, Jared Klee, and Steven Dickens. Alt podcastindhold inklusive episoder, grafik og podcastbeskrivelser uploades og leveres direkte af Jared Klee & Steven Dickens, Jared Klee, and Steven Dickens eller deres podcastplatformspartner. Hvis du mener, at nogen bruger dit ophavsretligt beskyttede værk uden din tilladelse, kan du følge processen beskrevet her https://da.player.fm/legal.
Headlines run every day with advice on "How to Win at Retirement Savings" and "10 Tips to Save Money." What most people don't know is that 89 million Americans have debt in collections.
Collections is industry built on abusing consumers. Over 870,000 complaints are filed every year. But it doesn't have to be that way. Startups are proving that treating people well can be good business. They're 40%+ more effective at collections that the legacy dial-for-dollars. Not only is it more revenue, it's bigger profits and happier consumers.
We explore the state of consumer delinquent debt, the misaligned incentives in debt collections, and the startups that are helping millions of consumers. Shoutouts to startups InDebted, Prodigal, receeve, and TrueAccord!
Check out this week's letter for the full story. Follow @FatTailThoughts on Twitter and your co-hosts @KleeBeard and @StevenDickens3 for more content.
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