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Symend survey finds more than half of Americans feel they've been tricked by unsympathetic bill collectors

Date: September 23, 2020Location: Calgary, Alberta

Symend's survey of over 1,000 American consumers revealed significant dissatisfaction with debt collection practices. More than half (52%) reported feeling deceived by bill collectors, while 42% received collections communications in error.

Among those with payment difficulties, 51% had been late paying bills—primarily due to insufficient funds (56%) or forgetfulness (39%). Nearly 29% experienced credit score damage from late payments or collections activity.

Primary Consumer Complaints

The top three grievances about debt collection processes were:

Problematic Collector Tactics

The survey documented concerning practices:

Consumer Solutions

76% indicated greater willingness to pay if working with friendly collectors. 76% would respond better to personalized collection approaches.

Most preferred payment plans (57%), with 55% favoring online bill payment options.

"Customers are much more likely to settle accounts if the experience is empathetic and personalized." — Hanif Joshaghani, Co-Founder and CEO
"Segmented digital outreach leaves customers feeling valued and understood, strengthening brand relationships." — Tiffany Kaminsky, Co-Founder and Chief Strategy Officer

About Symend

Symend is a SaaS company that uses behavioral science and AI to help enterprises engage customers through personalized digital experiences. Founded in 2016 and headquartered in Calgary, Symend operates across North America.

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