(9 March 2005 – Australia) National Australia Bank has appointed debt collector Credit Corp Group to its panel of consumer debt recovery agents.The addition of Credit Corp brings the total to four recovery agents now appointed to the bank’s panel.
Credit Corp said the contract with NAB was the first time it would be using new web based technology that would provide the bank and other agents real time information on account holders.
The company said the contract was for the collection of debt arising from defaults on credit cards, personal loans, mortgages and transaction accounts.