Debt collection is a crucial aspect of the financial industry, with a growing demand for professionals who understand the legal and economic implications of debt recovery. The 'Professional Certificate in The Law and Economics of Debt Collection' is required to meet this demand and equip individuals with the necessary skills and knowledge to excel in this field.
Industry Demand Statistics |
Figures |
Number of debt collection agencies in the UK |
over 4000 |
Annual revenue generated by debt collection agencies |
£1.1 billion |
Projected growth rate of the debt collection industry |
5% per year |
Number of jobs in debt collection sector |
over 30,000 |
With over 4000 debt collection agencies in the UK generating £1.1 billion in annual revenue, there is a significant demand for professionals with expertise in debt collection. The projected growth rate of 5% per year indicates a promising future for individuals pursuing a career in this field. The 'Professional Certificate in The Law and Economics of Debt Collection' is essential for individuals looking to capitalize on the opportunities within the debt collection sector and advance their careers.