Services We Provide
This service assigns the collection to one of our highly skilled collection team members. Each account is worked regularly via letter service, phone, and email, within the Ministry of Government and Consumer Services guidelines. If payment is not received within the allotted timeframe, the debt may be reported to the credit history file of the owing party. We are licenced information providers for Equifax and TransUnion, and maintain access to the credit bureaus, assisting us in the collection process.
Our proprietary Accounts Receivable Management Service may be the first step in retrieving your outstanding payment. Each ARMS voucher entitles you to a 20-day service in which we send 2 timed letters on our Credit Bureau Collections Ltd. letterhead. This is a pre-third party collection service that alerts your delinquent client, that Credit Bureau Collections Ltd. have been notified regarding the debt. We instruct the debtor to pay you directly, before further action is taken.
The Credit Bureau Advantage
Currently, we have over 50 years of collection experience in our office, helping us stay one step ahead of delinquent accounts.
Provided proper documentation is submitted, accounts over $50 that are assigned to Credit Bureau Collections Ltd. are reported to Equifax and TransUnion. This powerful tool assists us in recovering delinquent accounts from people that may have avoided, or blocked, all correspondence. Many times, we are contacted by someone who has applied for credit and can only proceed once the debt has been addressed. We also maintain complete access to those networks for referencing information to assist us in recovering your delinquent accounts.