Fairway Capital Recovery Blog

Why Your Collection Agency Should Be Licensed, Bonded & Insured

Posted by Matt Alkire on Wed, Nov 20, 2013

You may often hear collection agencies refer to themselves as “licensed, bonded and insured”—but what do those things really mean? In this article, we’ll take a closer look at each of these concepts and why they are important.

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Topics: collection agency, outsourcing debt collection, accounts receivable management, questions about collections agencies, Collection agency license