Credit Reporting & Collections Services
Industry Description
In the US, about 600 credit reporting agencies and 4,500 credit collections agencies generate annual revenue of $20 billion. Major collection agencies include Asset Acceptance Capital, GC Services, and NCO Group; major reporting agencies include Equifax, Dun & Bradstreet, TransUnion, and UK-based Experian. The collections segment of the industry is fragmented: the 50 largest companies account for less than 50 percent of revenue. The credit reporting segment is highly concentrated: the 50 largest companies account for about 90 percent of revenue.
SIC: 7322, 7323
NAICS: 561440, 561450
NAICS: 561440, 561450
Related Industries:
Investment Banking, Mortgage Banking, Consumer Lending, Financial Transaction Processing, Banks & Credit UnionsTo get access to the full industry record, register now.
Top 5 Companies
| Company | Sales | Location |
|---|---|---|
| Gebühreneinzugszentrale der öffentlich-rechtlichen Rundfunkanstalten in der Bundesrepublik Deutschland | 9,879.86M | Köln, Germany |
| Experian plc | 4,239.53M | Dublin, Ireland |
| DUN & BRADSTREET (AUSTRALIA) GROUP PTY. LTD. | 3,735.77M | Melbourne, Vic |
| FBIS INTERNATIONAL PTY. LTD. | 2,604.82M | Melbourne, Vic |
| Moody's Corporation | 2,280.70M | New York, NY |
There are 29,177 companies in this industry. To view all of them, register now.Trends
Social Networking Sites - Collection agencies are using social networking sites to track...
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US corporate profits, an indicator of general business health which impacts collection services demand, rose 7.9 percent in the third quarter of 2011 compared to the same period in 2010.
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Worker Exodus at Credit Bureaus Draws Scrutiny - In the last five years, over 100 analysts left their jobs at credit bureaus to work for firms they previously helped rate, according to information...
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