The speakers discuss the ESG risks associated with debt purchases and highlight the abusive and illegal practices in debt collection. They also mention a company that avoided fines by committing to ethical debt collection policies.
Debt purchasers must soon decide how they plan on addressing upcoming maturity walls, but they are facing scrutiny over their business models.
For this week’s episode of our podcast, host Sammy Cole sits down with 9fin’s Nathan Mitchell and Matthew Hughes to talk through debt purchaser predicaments, their options and predictions for the years ahead.
“Our attention has been on three key players – Intrum, Lowell, and AFE. They all face similar challenges so it will be fascinating to see who emerges as the winner(s)”