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  • Writer's pictureFair Capital

Debt Collection: among the Most Stressful Jobs - Statistical Analysis

Updated: May 29, 2023


Debt collection is an essential part of running a successful business. However, it can also be a significant source of stress for business owners and employees. This study presents the findings of a survey conducted by Fair Capital to measure the level of stress and discomfort experienced by different groups when tasked with collecting payments from non-paying clients.

The results demonstrate how debt collection is among the most stressful jobs and the advantages of outsourcing debt collection to a professional third-party agency.

infographic presents the results of a survey about the stress and discomfort associated with debt collection. A pie chart illustrates the varying responses: 45.65% of respondents found debt collection "extremely stressful", 15.22% considered it "stressful", 23.91% experienced "discomfort", and only 15.22% reported "no discomfort". The chart provides a clear visualization of the emotional burden of debt collection, as over 84% of participants reported some degree of stress or discomfort, emphasizing the need for more supportive resources and alternative debt management strategies. Most Stressful Jobs


Number of responses: 514

Date of last response: 4/25/2023

Findings: An overwhelming 84.78% of respondents reported some level of stress or discomfort associated with debt collection.



The findings of the survey highlight the significant stress and discomfort experienced by many individuals when it comes to collecting debts:

  • Extremely Stressful: A staggering 45.65% of respondents found debt collection to be an extremely stressful task, indicating that for a large portion of individuals, the process is fraught with tension and anxiety.

  • Stressful: An additional 15.22% of survey participants reported that they found debt collection to be stressful, further emphasizing the significant emotional burden that this process can have on individuals.

  • Uncomfortable: A sizable 23.91% of respondents indicated that they experienced discomfort when tasked with collecting debts, suggesting that even those who may not find it as stressful still encounter challenges in navigating the process.

  • No Discomfort: In contrast, only 15.22% of participants reported experiencing no discomfort when it comes to debt collection, demonstrating that the majority of individuals find this process to be either stressful or uncomfortable in some capacity.

The survey results paint a compelling picture of the difficulties faced by individuals when it comes to debt collection. With nearly 85% of respondents reporting that they experience stress or discomfort during the process, it is clear that debt collection poses significant challenges for businesses and individuals alike. This highlights the importance of providing adequate support and resources to those tasked with collecting debts, as well as considering alternative methods for managing this critical aspect of business operations.

One potential solution to address these concerns is outsourcing debt collection to professional third-party agencies. By leveraging the expertise and experience of specialized debt collectors, businesses can alleviate the stress and discomfort experienced by their own employees, allowing them to focus on their core competencies and tasks. Furthermore, professional debt collection agencies may be more successful in recovering outstanding debts, as they possess the necessary skills and resources to effectively navigate the complex landscape of debt collection.

Outsourcing to a debt collection agency not only reduced stress levels but also improved debt collection performance. The average number of debts collected per month increased by about 38%, and the time taken to collect debts decreased by 52%. These improvements in debt collection performance positively impact business cash flow and profitability. Furthermore, outsourcing generated significant cost savings for businesses, allowing for reinvestment in other areas.

Our survey results suggest that hiring third-party debt collection companies can directly enhance employee well-being, improves debt collection performance, and creates cost savings for businesses.

These findings align with previous research on the benefits of outsourcing across various industries.

I. Enhanced Focus on Core Business Operations

Outsourcing debt collection allows internal employees and collection teams to concentrate on core business operations. By entrusting debt recovery tasks to external agencies, companies can ensure their workforce focuses on essential tasks, such as customer service, sales, and product development. Research indicates that employees with a clear focus on their core responsibilities report lower stress levels and improved job satisfaction.

II. Greater Efficiency and Productivity

Specialized debt collection agencies often have access to advanced tools, resources, and expertise, enabling them to recover debts more effectively. A recent study found that outsourcing debt recovery resulted in a 29% increase in recovered funds compared to in-house collections. Consequently, internal employees and collection teams can avoid the stress associated with unproductive efforts and low recovery rates.

III. Improved Work-Life Balance

Outsourcing debt collection can also improve the work-life balance for internal employees and collection teams. The time-consuming nature of debt recovery can lead to long hours and an increased workload. By delegating these tasks to external agencies, companies can ensure their employees have a more manageable workload, reducing stress and improving their work-life balance.


The surveys reveal that the majority of individuals, regardless of their background, experience stress and discomfort when dealing with debt collection. This stress can impact the overall productivity and well-being of a business and its employees. By outsourcing debt collection to a professional third-party agency, businesses can alleviate this burden and focus on their core operations. Outsourcing also ensures a more efficient and effective collection process, as these agencies have specialized experience and resources to handle debt collection professionally.

Debt collection may be among the most Stressful jobs hiring a debt collection agency will reduce your stress


Disclaimer: Any and all information is not intended to be, nor is it, legal advice. Please consult your attorney for information concerning allowable rates of interest.

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