Debt Collection Specialists | Sydney | LCollect
Debt Collection Agency | LCollect

Debt Collection News

At LCollect we believe that knowledge is power. Every month our debt collection blog gives you practical tips, stories and news from around Australia and the world.

Collectors earning over US$400k

Friday, July 06, 2012 - Posted by Philip Harvey

In the US, there are some debt collectors who are collecting student loan debts that earn over US$450,000. Reportedly 7 staff working for Educational Credit Management earned over US$400,000 through commissions, which are up to 31%. The CEO of the company reportedly earned over US$1 million.

Educational Credit Management is a not for profit group that works with the government to collect student loans that are in default.

Student debt in the United State has become a big issue, with the value now over US$1 trillion.

Recent Posts



Copyright © LCollect 2018 | All Rights Reserved | Licensed Mercantile Agent License #409661517 | ABN 44 089 892 688 |
Australian Credit Licence #430659
HomeSite Information | Privacy Policy