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The
CCAA collection agency members
provide highly qualified, professional collection services in the State of Hawaii. 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 nation and they
can all process collection claims in Hawaii.
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 Hawaii 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 in Hawaii and all other states. 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 in Hawaii then please
consider the collection agencies that are members of the CCAA. Each
member agency is highly qualified in the collection of
Hawaii 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 State of Hawaii, regardless of a member's location.
Commercial
Collection Agency Association
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