The Credit Bureau of Vernon Ltd has more than 40 years of experience and with our wide array of collection techniques, we knows all the ins and out of debt collection.
We stay up-to-date with the various provincial collection laws (in both BC and Alberta) and leading telecommunication technology, which allows us engage with your customers from a position of knowledge and clarity.
We utilize advanced collection & skip-tracing techniques to locate your debtors and recover your money.
HOW WE WORK
Our team of collection specialists have fine-tuned the art of effective debt recovery governed under the Business Practices and Consumer Protection Act.
a balanced approach
As a neutral party, we mediate between our clients and their customers, working to get the overdue bills paid off and out of the way. Our specialists are professional, and focus on finding a solution; debt is only a problem if it's ignored.
We wait 30 days before adding an account to a customer's credit report, and we encourage them to pay off, or at least pay down, their accounts before it can start damaging their credit rating.
After the grace period, we report accounts to both Equifax and TransUnion, the two Canadian credit reporting agencies. Many of your customers reach out to us when they find a collection account effecting their credit rating.