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The benefi ts of outsourcing credit management to a professional are underscored by a survey conducted by ACA, the A ssociation of Credit and Collection Professionals:
- Collection firms recover USD 39.3 billion for private U.S. companies. This corresponds to 3 percent of pretax corporate earnings.
- Every household saved USD 351 which is what they would have had to pay if companies had raised their prices to compensate for credit losses.
- Collection of unpaid taxes by the U.S. federal agencies and state and local governments doubled from approximately USD 351.3 M in 2000 to just over USD 693.5 M in 2005.
