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The
CCAA collection agency members provide highly qualified,
professional collection services for the U.S. and
abroad. A CCAA member collection agency can be defined
as one that specializes in the collection of commercial
debts, usually including skip tracing services, asset
location and credit bureau reporting. The collection
agencies that are members of the CCAA are among the most
prestigious and largest collection agencies in the U.S.
and they can all process collection claims across the
USA and around the world.
Usually
a collection agency works on a contingent basis meaning
that they don't get paid if they don't collect. The
contingent fees for such agencies collecting in
customarily ranges from 15% to 25% of the business debt
owed. Some CCAA member collection agencies may report to
credit bureaus such as Equifax or Dun & Bradstreet
while others may not report business or commercial
credit whatsoever. It really depends on the collection
agency as to whether or not they feel it necessary to
report to a credit bureau.
As
a collection agency association, the CCAA has a great
deal of educational and legislative information
regarding the collection of accounts receivable that it
passes along to its members to make sure that they stay
up to date on the latest news, laws and regulations with
respect to the Collection Industry. The central focus of
the CCAA is the credit grantor. The CCAA was formed in
1972 to improve the quality and reputation of the
Commercial Collection Industry.
To
become a member in the CCAA, each collection agency must
meet CCAA's rigorous criteria of standards. Once a
member, the collection agency is certified by the
Commercial Law League of America, the oldest creditors'
rights organization in the United States. Each of the
CCAA collection agencies must pass a stringent litmus
test in order to gain membership in the Association.
If
your company is looking for a collection agency or
several collection agencies to collect in the U.S. or
abroad then please consider the collection agencies that
are members of the CCAA. Each member agency is highly
qualified in the collection of debts. These collection
companies are respected and revered throughout the
entire Collection Industry.
All
CCAA member collection agencies are capable of
processing debt collection claims throughout the United
States and around the world, regardless of a member's
location.
Commercial
Collection Agency Association |
