Debt collection agencies facing a time bomb, claims survey

March 2005
Credit Control;2005, Vol. 26 Issue 3, p37
Trade Publication
The article cites a study by industry analysts Plimsoll Publishing Ltd., according to which debt collection agencies in Great Britain are at risk of suffering the effects of an "Experience Time Bomb." The study, which found that company directors at one in six of British debt collection agencies will be aged over 60 by the end of 2005, asks whether people with enough experience are likely to replace them. The study is an analysis of Great Britain's top 256 agencies and the 544 company directors that are responsible for them.


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