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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.

Appreciate online game for example Dragon Luck, Buffalo Indicates, and you will Flaming Sevens

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Roulette

Roulette is a straightforward however, fun online game where you are able to prefer Golden Panda casino login the level of chance you are taking with each spin. Best online casinos usually have designs to own Western and European roulette, toward French version are sometime more challenging to get.

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Baccarat

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Almost every other Table Online game

While you are blackjack and roulette can occasionally obtain very own classes into a real income online casinos, there are also other dining table video game that seem categorized to each other. This category is pretty varied, therefore you should be sure that you understand video game regulations prior to to try out for real money.

You could potentially pick from types off poker, craps, war, and other dining table video game. They generally give a premier commission speed, especially when compared to practical slots, however is also need basic actions in order to make use of one to reduced house edge.

  • Craps
  • Carribean Stud Web based poker
  • Tri Card Web based poker

Electronic poker

Electronic poker online game are not noted for the showy layouts, but they also provide higher output and you can big payouts on United states of america online casinos. You are playing four-credit draw and you may change notes immediately following. Prizes derive from the strength of the final give, with a royal Clean always expenses 800x or more.

You might you name it out of multiple models out of video poker on line, for every single coming with anything a lot more. Such as, within the Deuces Insane, all of the 2 credit is also substitute for any other credit throughout the patio so you can form a more powerful hands.

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