SIC Code 7322-01 - Collection Agencies

Marketing Level - SIC 6-Digit

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SIC Code 7322-01 Description (6-Digit)

Collection agencies are companies that specialize in recovering unpaid debts on behalf of their clients. These agencies work with a variety of clients, including banks, credit card companies, healthcare providers, and other businesses that extend credit to customers. The primary goal of collection agencies is to recover as much of the outstanding debt as possible, while also maintaining positive relationships with the debtors.

Hierarchy Navigation for SIC 6-Digit Code 7322-01

Tools

  • Skip tracing software
  • Automated dialing systems
  • Payment processing software
  • Credit reporting tools
  • Legal software for compliance and litigation
  • Customer relationship management (CRM) software
  • Voicemail and email management tools
  • Call recording and monitoring software
  • Data analytics and reporting tools
  • Document management software

Industry Examples of Collection Agencies

  • Healthcare providers
  • Credit card companies
  • Banks
  • Retail stores
  • Utility companies
  • Telecommunications providers
  • Landlords
  • Government agencies
  • Auto lenders
  • Student loan providers

SIC Code 7322-01 - Collection Agencies

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