Economy

Encore Posts Strong 2Q Financial Results

Most collection agencies are private companies, and do not have to release their financial statements. So all we outsiders have to go on is anecdotal or empirical information about how companies in the industry are doing. But there are a couple of companies that are publicly traded and one of …

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The Workers Most Affected By the COVID-19 Pandemic

As might be expected, customer service representatives, a category of workers that include collection agents, were among the hardest hit during the early days of the pandemic, according to research that was published by the Federal Reserve Bank of St. Louis. The research looked at the annual earnings of those …

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The Taxman Cometh This Week

Perhaps lost in the clamor of setting up employees to work remotely at the outset of the coronavirus pandemic was the fact that the deadline to file federal income tax returns was delayed from April 15 to July 15. What should not be lost on anyone is that July 15 …

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