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The
Commercial Collection Agency Association (CCAA) members
provide highly qualified, professional commercial
collection services in the State of Iowa. A
commercial collection agency can be defined as one that
collects business to business debts, corporate debts and
B2B debts, usually including skip tracing services,
asset location and credit bureau reporting. The
commercial collection agencies that are members of the
CCAA are among the most prestigious and largest
commercial collection agencies in the nation and they
all can process claims in Iowa.
Usually,
commercial collection agencies work on a contingent
basis meaning that they don't get paid if they don't
collect. Customarily, the contingent fees for commercial
collection agencies collecting in Iowa range from 15%
to 25% of the dollars collected. Some commercial
collection agencies who recover debts in Iowa may
report to credit bureaus such as Equifax or Dun &
Bradstreet while others may not report commercial credit
whatsoever. It really depends on the collection agency
as to whether or not they feel it necessary to report
commercial credit.
The
Commercial Collection Agency Association has a great
deal of educational and legislative information
regarding the collection of commercial debts 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 commercial collections in Iowa and the
rest of the country. The central focus of the CCAA is
the credit grantor. The Commercial Collection Agency
Association was formed in 1972 to improve the quality
and reputation of the Commercial Collection Industry.
To
become a member in the CCAA, each commercial collection
agency must meet CCAA's rigorous criteria of
standards. As a member, the commercial collection
agency is certified by the Commercial Law League of
America, the oldest creditors' rights organization in
the United States. Each commercial collection agency
must pass a stringent CCAA litmus test in order to gain
membership in the Association.
If
your company is looking for a commercial collection
agency or several commercial collection agencies in
Iowa please consider the commercial collection
agencies that are members of the CCAA. Each member
agency is highly qualified to collect your Iowa
commercial claims. These commercial collection agencies
are respected
and
revered throughout the entire Collection Industry.
All
CCAA members are capable of processing claims throughout
the State of Iowa, regardless of a member's location.
Commercial
Collection Agency Association
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