What is debt collection? - General 

The term "debt collection" refers to the commercial recovery or collection of due receivables, for example an outstanding invoice. Debt collection is a part of debtor management. This also includes accounts receivable and the dunning process. Many companies outsource debt collection. Law firms or specialised collection agencies are appointed for this.

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What is credit rating?

Definition: The ability and willingness of a customer to meet his future payment obligations in full and on time.

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