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GLOSSARY

Debts or receivables

The schedule of work a Member RMA processes in order to try and collect debts (also known as a Workflow)

On-going debts being collected

Profitable enough to warrant a cost investment

The levels of professionalism in approach an RMA can demonstrate e.g the training of its agents, how data is protected by the RMA, how secure are its payments process and client money, once debts have been collected etc

The arrangement whereby debt collection services are offered on a “commission on collection” basis

Criminal records bureau checks

A company, an organisation or individual who places debts for collection onto the Metwork platform

Group of debts/accounts/receivables

The layout of the debt information (usually on an excel file) that is transferred to the RMA.

  • (a) The age of the debt. The older it is the more difficult it is to collect
  • (b) the quality of the contact data supplied. Is there a phone number, an email, a work telephone number, the full address available etc? The less the amount of contact data available the more the Member has to do to find it.
  • (c) The level of dispute around the debts. Are people refusing to pay because services haven’t been carried out or information hasn’t been supplied?
  • (d) Amount of work already processed to try and collect the debts. How many letters, emails and calls have been sent/made and have the debts been placed with another agency prior to placing on Metwork?

RMAs based in the same country as the debt placer.

Formal checking process to establish the business credentials of a party

Secure online facility provided by RMAs (Metwork members) that supplies information and analysis to the debt placer on the progress of their accounts.

Laws and guidance governing the work of collection agencies

A formal procurement process where multiple bidders are invited to submit a detailed proposal

Materials and know-how that specifically are the creation of a particular party and as such are subject to ownership rights.

The debt collection system that the RMA( Metwork Member) works on.

A Receivables Management Agency or RMA, better known as a debt collection agency who may place bids to collect your accounts.

A company, an organisation or individual who places debts for collection onto the Metwork platform.

A rapid procurement process. Usually sent to “preferred potential bidders”

Amounts of debt that have been collected

If no debt has been collected in that reporting period the RMA must record a 0, as opposed to not recording a figure.

One payment based on a forecast of how much debt will be collected

Group of debts/accounts/receivables

Would be considered by all interested parties as a “fair proposal” based on the information supplied

Debts or accounts

The amount of debt that a member RMA predicts will be collected.

Receivables Management Agency/ Metwork member

A formal procurement process where multiple bidders are invited to submit a detailed proposal.

An amount an RMA will charge for finding someone who has disappeared from an address

Sending the debt amounts and personal information to the RMA so they can start collecting them

A legal action resulting in a court judgment awarded against the defendant

To cancel a placement of debts already on the Metwork platform

The difference it costs a Member to collect a debt and the commission they earn from collecting it.

As a general rule, if the signal was quantifiable and you can countable, it should be actual

Posted on by cc_user

(Hello, I illuminated the firecrackers and i don’t obtain the extra. Exactly what offers?) If your sign is not measurable — indeed there very is not any means to fix share with exactly how complete the fresh bowl was — the new indication is not actual. Particularly Jello, often there is area for much more.

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I additionally strike the Luck incentive 3 times, however the Fortunes signs merely don’t need to arrive

Then i went over one to servers so you’re able to Small Hit Fortunes Volcano. In the competition of John rather than the latest Volcano, John made an appearance to come. A hundred spins, around three incentive rounds (a few to have a no more-too-fun $forty and something to have $300), and you can a beneficial $250 earnings. I will however gamble this type of computers again. I haven’t obtained the new totally free games yet ,.

I got a different crack on volcano now. I composed into the lack of 100 % free game past big date by getting all of them 3 x today. What number of free video game you get hinges on good pick’em video game. I had ten, 8 and you can 15 free online game. Despite to try out for the bonus reels, my free game winnings were not extremely added bonus-such as for example on $twenty two, $sixteen and $forty eight. Really, one to past one try very good.

That is types of shocking since the, depending on the World Creatures Federation, tigers do not live in the fresh new jungle

All of the advised, 2 hundred revolves, three totally free video game incentives, three Luck incentives, and still the new molten lava (Will there be any other type out of lava?) from the volcano vaporized my payouts out of my personal past concept at Brief Hit Luck Blitz.

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Towards the most other machines, new signal was real. We blogged on Bao Zhu Zhao Fu earlier. This game enjoys three different bonus has, colour coded yellow, purple and you can environmentally friendly. Your trigger an advantage feature after you light each of the brand new firecrackers of one’s involved colour that are over the reels. Whenever a reddish icon places with the display screen, they bulbs upwards a red firecracker; a red icon, a reddish firecracker; and you can a green symbol, an eco-friendly firecracker. On this subject host, exactly how many lit firecrackers does mean just how intimate your are to creating a feature.

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