\u201d acknowledges that\u00a0<\/p>\n\n\n\ndebt collection<\/strong>\n\n\n\n \u00a0regarding\u00a0<\/p>\n\n\n\nconsumer credit<\/strong>\n\n\n\n \u00a0is heavily regulated in the USA. Moreover, there are differences in regulations from one to another State.\u00a0 The paper compares these differences and relates them to the ease of access to consumer credit. The authors conclude that: \u201c<\/p>\n\n\n\nWe find consistent evidence that\u00a0restricting collection activities<\/strong>\u00a0leads to a\u00a0decrease in access to credit<\/strong>\u00a0and a deterioration in indicators of financial health. Moreover, our estimated treatment varies considerably with the borrower’s age and baseline credit score, with effects concentrated primarily among\u00a0borrowers with the lowest credit scores<\/strong>.\u201d<\/em>\n\n\n\n Such conclusion meets a logical reasoning and is like analogous reasoning on other matters such jobs creation where excessive employee protection leads to excessively prudent employers. It seems to us that the Belgian political world does not encourage\u00a0<\/p>\n\n\n\namicable debt collection<\/strong>\n\n\n\n \u00a0despite its proven track record on the benefits of dialogue and solutions agreed by parties. Statistics prove that debt collection companies solve millions of claims with hardly any claim (much less in fact than in other activities that should be less prone to disputes). The reality shows that amicable collection entails maximal return to creditors at minimal costs.\u00a0 However, Belgian politics favours courts solutions, ignoring that these are far more aggressive, tiresome, slow and onerous; for both creditor and debtor; and put an unnecessary burden on the budget of the department of Justice. We invite Belgian MP\u2019s to consult us to develop policies better adapted to the daily reality. \u00a0 You wish an efficient though corporate mage saving solution? Don\u2019t hesitate to contact us at\u00a0<\/p>\n\n\n\nsales@tcm.be<\/a>\n\n\n\n \u00a0or by phone: +32 16 74 52 00.<\/p>\n\n\n\n A May 2017 paper by the University of Princeton and the Federal Reserve Bank (USA) named \u201c<\/p>\n\n\n\nAccess to Credit and Financial Health: Evaluating the Impact of Debt Collection<\/a>\n\n\n\n \u201d acknowledges that\u00a0<\/p>\n\n\n\ndebt collection<\/strong>\n\n\n\n \u00a0regarding\u00a0<\/p>\n\n\n\nconsumer credit<\/strong>\n\n\n\n \u00a0is heavily regulated in the USA. Moreover, there are differences in regulations from one to another State.\u00a0 The paper compares these differences and relates them to the ease of access to consumer credit. The authors conclude that: \u201c<\/p>\n\n\n\nWe find consistent evidence that\u00a0restricting collection activities<\/strong>\u00a0leads to a\u00a0decrease in access to credit<\/strong>\u00a0and a deterioration in indicators of financial health. Moreover, our estimated treatment varies considerably with the borrower’s age and baseline credit score, with effects concentrated primarily among\u00a0borrowers with the lowest credit scores<\/strong>.\u201d<\/em>\n\n\n\n Such conclusion meets a logical reasoning and is like analogous reasoning on other matters such jobs creation where excessive employee protection leads to excessively prudent employers. It seems to us that the Belgian political world does not encourage\u00a0<\/p>\n\n\n\namicable debt collection<\/strong>\n\n\n\n \u00a0despite its proven track record on the benefits of dialogue and solutions agreed by parties. Statistics prove that debt collection companies solve millions of claims with hardly any claim (much less in fact than in other activities that should be less prone to disputes). The reality shows that amicable collection entails maximal return to creditors at minimal costs.\u00a0 However, Belgian politics favours courts solutions, ignoring that these are far more aggressive, tiresome, slow and onerous; for both creditor and debtor; and put an unnecessary burden on the budget of the department of Justice. We invite Belgian MP\u2019s to consult us to develop policies better adapted to the daily reality. \u00a0 You wish an efficient though corporate mage saving solution? Don\u2019t hesitate to contact us at\u00a0<\/p>\n\n\n\nsales@tcm.be<\/a>\n\n\n\n \u00a0or by phone: +32 16 74 52 00.<\/p>\n\n\n\n A May 2017 paper by the University of Princeton and the Federal Reserve Bank (USA) named \u201c Access to Credit and Financial Health: Evaluating the Impact of Debt Collection \u201d acknowledges that\u00a0 debt collection \u00a0regarding\u00a0 consumer credit \u00a0is heavily regulated in the USA. Moreover, there are differences in regulations from one to another State.\u00a0 The […]<\/p>\n","protected":false},"author":11,"featured_media":15549,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63],"tags":[],"class_list":["post-70894","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/tcm.be\/en\/wp-json\/wp\/v2\/posts\/70894","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tcm.be\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tcm.be\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tcm.be\/en\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/tcm.be\/en\/wp-json\/wp\/v2\/comments?post=70894"}],"version-history":[{"count":1,"href":"https:\/\/tcm.be\/en\/wp-json\/wp\/v2\/posts\/70894\/revisions"}],"predecessor-version":[{"id":72297,"href":"https:\/\/tcm.be\/en\/wp-json\/wp\/v2\/posts\/70894\/revisions\/72297"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tcm.be\/en\/wp-json\/wp\/v2\/media\/15549"}],"wp:attachment":[{"href":"https:\/\/tcm.be\/en\/wp-json\/wp\/v2\/media?parent=70894"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tcm.be\/en\/wp-json\/wp\/v2\/categories?post=70894"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tcm.be\/en\/wp-json\/wp\/v2\/tags?post=70894"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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