Linkedin
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.

Prepare for an exhilarating creatures journey towards Buffalo slot video game, developed by Aristocrat Technologies

Posted on by cc_user
  • The latest Cleopatra Added bonus, a bonus bullet that provides a lot more advantages
  • A free of charge revolves element that may be unlocked inside chief game play
  • Great features for example wilds, scatters, and Cleopatra totally free spins
  • Taking a look at the game to understand visible models or trends in the spins
  • Adjusting your choice considering winning revolves
  • Playing with the most wager so you’re able to unlock the fresh new game’s full prospective

Buffalo

This common games now offers players several a method to profit, that have a great 1,024 an easy way to score a payout! The fresh Buffalo slot game also features the unique Xtra Reel Strength element, that gives participants far more chances to winnings larger.

And the Xtra Reel Energy ability, the newest Buffalo slot video game boasts highest-worthy of icons including the scorpion, eagle, and wolf. The latest Buffalo signifies the new wild icon, aiding regarding creation of winning combos to the reels. The video game plus includes totally free spins and you can added bonus games, offering participants a lot more opportunities to profit large. With its charming gameplay and various profitable solutions, the fresh Buffalo position online game is bound to getting a well-known solutions one of slot admirers.

Controls regarding Fortune

Engage the new legendary Controls regarding Luck position game and appreciate the brand new excitement associated with vintage video game, featuring pleasing incentive rounds and you may massive jackpots. Developed www.energycasinos.net/promo-code by IGT, the new Wheel of Chance position online game has become popular among members globally. Having its unique gameplay, participants can also be spin the fresh new controls in order to discover extra cycles and probably win life-changing levels of money!

The brand new Wheel away from Fortune slot game gifts professionals which have a plus round known as the Wheel away from Chance Incentive, where around three or maybe more added bonus signs end in a pick online game. Participants can choose from a dozen fascinating red solutions, for every discussing a reward or a multiplier.

The newest Wheel of Luck slot game offers a modern jackpot, and this expands with every player’s wager. Featuring its compelling gameplay and prospect of ample earnings, the fresh new Wheel out of Luck position games is crucial-play for all the position lover.

Bonanza

Learn undetectable wealth towards Bonanza slot online game, presenting the newest creative Megaways auto technician and you may streaming reels. Developed by Big style Gambling, the fresh Bonanza slot video game even offers users:

  • An exciting exploration-inspired thrill
  • Epic picture
  • Engaging game play
  • A constantly altering vibrant with each twist, providing them with more chances to winnings larger.

The latest cascading reels ability in the Bonanza slot game works by removing effective icons regarding reels and you can having them replaced having the newest signs, carrying out the opportunity of numerous successive victories in one single spin. Along with its intriguing motif and you may pioneering gameplay mechanics, the new Bonanza slot game is for certain to keep members captivated for thorough periods.

The maximum winnings you’ll within this game is an extraordinary even more than 15,000x their choice, so it’s a nice-looking option for professionals trying to find a fantastic feel.

Zeus

Control the newest reels with Zeus, an excellent Greek mythology-styled position game that presents strong added bonus enjoys and you can beautiful payouts. Produced by WMS Gambling, the new Zeus slot games transfers users to everyone of your own gods, using its interesting theme and immersive game play. The highest paying icon on game is the fun Zeus icon itself, which can lead to extreme victories to have happy professionals.

The advantage services regarding Zeus slot online game involve wilds and you can free spins, that have professionals in a position to open doing 100 Zeus free game whenever event four ability scatters. The new totally free revolves bullet does not include any features, however, participants can also be retrigger the fresh round because of the to 100 extra revolves, delivering a great deal more opportunities to earn big!

Your Fast track to Debt Collection

Address

  • 3 Manchester Park, Tewkesbury Road, Cheltenham, GL51 9EJ

Follow Us

Linkedin

Call Us Now

  • + 44 (0) 1242 505 716
  • + 44 (0) 1242 508 603