The Bottom Line

Debt: Do Collectors Deserve Their Bad Reputation?

It must be one of the most-maligned professions out there - on a par, perhaps, with traffic wardens - but debt collectors perform a vital service to businesses and the wider economy. So why do we love to despise them? Evan Davis and guests discuss the industry's inner workings, from the public image of aggressive, burly bailiffs, to the reality of repayment plans prompted by artificial intelligence. We ask how most try to ensure they collect debts fairly, and also hear the other side of the debt story - how damaging and stressful it can be for businesses who desperately need the money.Plus, why do we find it so hard to talk about debt in the UK? We hear about the industry's efforts to tackle the stigma.Evan is joined by:John Pears, UK CEO, Lowell;
Amon Ghaiumy, co-founder and CEO, Ophelos;
Dana Denis-Smith, CEO and founder, Obelisk Support.Production team:Producer: Simon Tulett
Researcher: Farhana Haider
Editor: Matt Willis
Sound: Dafydd Evans and Sarah Hockley
Production co-ordinators: Rosie Strawbridge and Katie Morrison

The definitive business podcast from the BBC. Each week, the BBC's Evan Davis is joined by bosses, entrepreneurs and industry experts, to lift the lid on how their businesses work, and what it’s like to be in charge. They discuss a big issue, a big challenge, or a big question facing their industry. From managing AI to managing millennials, from supermarkets to supercharging a new product.And our guests will share their stories of success and failure along the way.  Podcasts are published every Thursday. And as well as being a podcast, we are also available every Thursday afternoon and Tuesday evening on BBC Radio 4. You can now also listen to The Bottom Line on a smart speaker. If you want to listen, just say "Ask BBC Sounds to play The Bottom Line”. It works on most smart speakers.The Bottom Line has published a spin off series - Decisions That Made Me - where Evan asks entrepreneurs and business leaders about the most crucial moments in their lives and careers. You can watch these episodes here: https://t.ly/oJ8lW. Got a question or a comment? Get in touch with Evan and the team on email at bottomline@bbc.co.uk.