Services

According to a PricewaterhouseCoopers 2007 economic study, the collection industry recovered $40.4 billion dollars for U.S. creditors. And had businesses been forced to charge higher prices in the absence of this $40.4 billion of debt that was recovered, it would have cost the average household $354; which is the equivalent of approximately 8 months of cellular phone service, 86 days of electricity, or 127 gallons of gasoline. In addition, the survey noted this debt recovery helped businesses reduce the risk of insolvency and bankruptcy, which in turn helped preserve an untold number of U.S. jobs. And because of the trickle-down economic impact debt recovery has for an entire business community, Service Bureau believes even small and unique collection needs play a very important role in the overall economy. Therefore, our philosophy is that sacrificing profits to help a small business with their debt recovery is sometimes necessary, because doing so is a much greater service toward supporting the stability of the economy as a whole.