Commercial Debt Collection Feed Link

Commercial Debt Collection

Commercial debt collection is the practice of targeting businesses for debt repayment as opposed to consumers. While consumer debt collection is much more prominent on a volume basis, the large balances often associated with commercial receivables has fostered a robust sector in the ARM industry.

Good-News

Collection Industry Gets Some Positive Attention in Media this Week

The ARM industry is used to bad news and negative media attention. But this week, there were a couple articles run in prominent media that cast the industry in a positive light. The first was a nice local profile of a collection agency and the second featured a defense of private collectors on the Department of Education’s student loan collection contract.

credit-report

Altus Adds Trade Data Reporting to Suite of Services

Altus Global Trade Solutions (Altus GTS), a full service accounts receivable management agency, has launched its new Trade Data Reporting service. Clients can now report their customers’ payment activity to the three major commercial credit bureaus, Dun & Bradstreet, Experian and Equifax, through Altus’ easy-to-use online portal. This valuable service is offered at no charge to Altus clients.

boardroom-applause

ABC-Amega SVP Appointed to International Association of Commercial Collectors’ Board of Directors

ABC-Amega, a global commercial receivable management firm, is proud to announce that Robert (Bob) Tharnish, Senior Vice President of Quality Assurance & Attorney Network Services has been appointed to the International Association of Commercial Collectors’ (IACC) Board of Directors at their 44th Annual Convention in Miami in January, 2015.