Most Profitable Industries for Collection Agencies

Many of my consulting clients ask me what are the most profitable industries for a collection agency to collect in?  Based on my experience agencies can be more profitable if they collect on some commercial accounts, or specialize in collecting on commercial accounts. Commercial accounts normally have larger balances due than consumer accounts so you can collect less of them and make a good amount of money. Otherwise, I have had the best luck with veterinary bills, utilities, credit cards, phone bills, oil bills and online purchases as well as retail credit card debt.

What are your most profitable clients?

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