What exactly is debt collection?
In our everyday life the same question arises again and again: “What is debt collection?” The term has a certain blurring, although it is clearly defined.
Debt collection is a business term. This means the collection of claims. Debt collection is handled either internally or by an external partner. Commercial debt collection agencies like dieInkasso AG assert claims for customers. The advantage of external partners is that companies can concentrate on their core competencies because they are relieved of debt collection. DieInkasso AG's competence lies in understanding the business of its customers.
The question: "What is debt collection?" Can thus be answered clearly. It is about services for collecting overdue receivables.