Asset Recovery Associates
|Introduction||Headquartered in Lombard, Illinois, Asset Recovery Associates, Inc., (ARA) helps credit card companies and financial institutions across the United States handle debt issues. The company operates from a core belief that the majority of former credit card holders did not intend to default but experienced major financial challenges at inopportune moments. Asset Recovery Associates engages with debtors and helps find achievable ways of repaying debt, with an ultimate aim of getting them back on their feet again.
The ARA team has experience in all aspects of the collections process and creates unique payments programs for each client. Considerations include algorithm-based portfolio scoring and account prioritizing, with strategies ranging from mailing to calling campaigns.