Asset reconstruction companies are hiring specialised collection agencies to recover unsecured retail loans as stress in this segment increases. ARCs are prompted by the need to use external infrastructure and banking guidelines. A push towards professionalisation in loan recovery is underway.
Trump 2.0: Executive orders to shape US economy and global markets: ED Yardeni
We are going to have to wait a while to see what gets through and once it gets through, we will all be trying to