{"id":7832,"date":"2018-12-31T12:01:30","date_gmt":"2018-12-31T17:01:30","guid":{"rendered":"https:\/\/www.teranet.ca\/insights\/how-to-scale-your-collections-department-when-defaults-rise\/"},"modified":"2022-07-07T15:33:25","modified_gmt":"2022-07-07T19:33:25","slug":"how-to-scale-your-collections-department-when-defaults-rise","status":"publish","type":"post","link":"https:\/\/www.teranet.ca\/fr\/insights\/how-to-scale-your-collections-department-when-defaults-rise\/","title":{"rendered":"How to Scale Your Collections Department When Defaults Rise"},"content":{"rendered":"

With interest rates increasing and new mortgage regulations making it harder to consolidate debt through refinancing, we may soon see a spike in mortgage defaults.<\/p>\n

Is your collection department ready?<\/p>\n

Certain times of the year may be busier than others. You don\u2019t want to have too many in-house resources, but at the same time you don\u2019t want to be scrambling during the hectic periods.<\/p>\n

That\u2019s where organizational scaling comes in.<\/p>\n

On the Purview blog this week, we\u2019re looking at the best ways to scale your collections department in times of high defaults, low defaults, and everything in between.<\/p>\n

Read more: https:\/\/www.purview.ca\/scaling-collections-department-mortgage-defaults\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

With interest rates increasing and new mortgage regulations making it harder to consolidate debt through refinancing, we may soon see a spike in mortgage defaults. 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