Experts believe that the default rate "will continue an upward trend over the next three years".
Andalusian company experts Expertta Asset Recovery SA, specializes in providing "comprehensive and personalized" asset recovery and management of debt collection, considered that the default rate "will continue an upward trend over the next three years" and said that "the necessary restructuring of the Spanish financial system will accelerate the entry of investors, which give rise to greater professionalization of the sector."
Expertta sources Europa Press reported, cheap eve online isk, that "the next few years will be of weak growth for the necessary deleveraging family economies" and noted that recovery companies "that do not become less than six months are at risk of disappearing ".
Expertta technicians Asset Recovery SA, a company belonging to ANGECO, association, which comprises the leading companies specializing in the management of bad debts for banks, STO gold, and large companies, indicated that the delinquency rate of the Spanish companies "is being reduced" so that they suggested, "the percentage of unpaid bills, which shot up to the subprime crisis eight percent in 2008, currently returning to normal, ie, to levels similar to those we had before the crisis, three percent, a logical situation, as the crisis, star trek online credits, has eliminated more than 20 percent of the business and those who survive are strong. "
However, the sources pointed out that the default rate "will continue an upward trend over the next three years, to increase the numerator-delinquent balance, a greater degree than the denominator, the live-credit, which is actually declining."
Companies recovery
On the, fallen earth buy chips, business sector of recovery, experts recalled that this is a sector "young, which has grown steadily since the decade of the nineties, but with a large dispersion of operators of small size."
They also indicated that recovery services "are very expensive and require a knowledge (know-how) very specialized, in addition to a significant investment in technology and the training of personnel and equipment."
In that sense, they considered that the companies market recovery "will suffer a major purification and concentration, as in the past two years many companies have implemented costly structures to meet the growing demand of its customers, but productivity has drastically decreased by the greater difficulty of recovery. "
In his view, "the balance of prices and costs will only occur when you reduce, adjust, and become professional, operators in the market", so I consider that the price of the service "will rise, adapting to the rates of recovery, but the adjustment requires the cleaning industry and the disappearance of the less efficient companies. "
"The growth of non-performing loans slowed in the coming years by the very restriction of credit, which will make only surviving collection agencies more efficient," he asserted.
Expertta recalled that "seeks the optimization of processes and the specialization of equipment to offer our customers a tailored suit that will enable a competitive market prices, maximizing the net recovery of their portfolios."
They said that theirmain clients are financial institutions, telecommunications companies and suppliers "to devote more resources increasingly own remote management and staff of the commercial area, a recovery tasks, as in the case of financial institutions is diminishing new business many are played in the recovery of doubtful debts survival in the market, which means that more customers will be more demanding of service results. "
We predict that there will be "greater professionalization of the sector, not only in the service of recovery but also in the evaluation and search for buyers for the portfolio transferred by the customer."
"The business sector recovery is in a process of profound transformation, and only companies that can adapt to and anticipate customer needs and innovate will survive", added the sources, who added that all the expectations "for their survival improved because historically almost one hundred percent of the arrears of recessions is recovered in the expansion phase. "