CMC has perfected collection practices by investing in technology, refining techniques, and bringing together the best people in the industry. Mission Statement Credit Management Company exists to provide world class customer experience, unmatched value to our clients, and a growth-driven environment for our employees. Credit Management Company, headquartered in Pittsburgh, PA, has been providing full-service accounts receivable and collection management programs across several industry segments since 1966. Our clients reside in the healthcare, government, education, and consumer industry sectors. All have benefited from either our standard or customized outsourcing programs to improve their bottom line. Working with some of the most influential players in the industry, we are proud of the partnerships we have cultivated over the years. Each business relationship is approached in a collaborative style, always listening and responding to our clients' needs and working together to find the best solutions possible. Our Services Our customized outsourcing processes deliver solutions that will accelerate cash flow, lower operating expenses, reduce customer delinquency, and improve customer care and support. With a highly trained staff, we’ll get your outstanding receivables into your hands as quickly as possible. A simple, yet effective solution to your debt recovery challenges. CMC offers best-in-class denials management services. Our Leadership Our emphasis on client service is exemplified by the ethics and integrity of our senior management staff, positioning Credit Management Company (CMC) as one of the most recommended agencies in the industry. With nearly a century of combined experience, this team has not only defined who CMC is, but how we will continue to evolve. Each team member is accessible to you, ensuring that you will experience an efficient and managed process. Open communication and a teamwork approach is a philosophy we endorse. Listening and responding to our clients is the premise that CMC was built upon, and we guarantee you will find our partnership beneficial and profitable.About Us
CMC revolves around a set of core values that are incorporated into our internal structure and management.
First Party Early Out
Bad Debt Recovery
Denials Management
FAQs
Is a credit management company a real company? ›
Credit Management Company is a full service accounts receivables management company headquartered in Pittsburgh, Pennsylvania.
Who does credit management LP collect for? ›Credit Management LP. They work for various creditors – doctors, utilities, banks – to chase people down for unpaid debts.
What do you know about credit management? ›Credit management is the process by which businesses oversee credit that is extended to customers for the purchase of goods and services. The process involves much more than just the extension of credit. Prior to extending the credit, the business will establish policies, practices, and terms that guide the process.
Is the CMC credit management company legit? ›Since 1966, CMC has been partnering with credit unions within the financial industry. Consider outsourcing non-performing notes to CMC, a highly reputable external agency.
Why is credit management calling me? ›Why Does Credit Management Company Keep Calling Me? Credit Management Company continues to call and attempt to collect a debt. The best thing you can do is ignore their calls and speak with a company that can help you get it removed.
How can you tell if a debt collector text is real? ›- They Ask for Info They Should Already Have.
- They Won't Share Their Info with You.
- They Threaten or Lie to You.
- They Insist You Pay Right Now.
- They Ask You to Pay by Untraceable Methods.
The factors that determine your credit score are called The Three C's of Credit – Character, Capital and Capacity.
What are the three common problems in credit management? ›Three common credit problems are: Lack of enough credit history. Denied credit application. Fraud and identity theft.
What are the 5 Cs of credit management? ›Lenders also use these five Cs—character, capacity, capital, collateral, and conditions—to set your loan rates and loan terms.
Is CMC trusted? ›CMC Markets (CMC), founded in 1989, is a well-established, publicly traded, and highly regarded U.K. forex broker that has successfully adapted to the ever-changing online brokerage landscape. The company is listed on the London Stock Exchange (LSE) under the ticker symbol, CMCX.
Who uses a credit management company? ›
Our clients reside in the healthcare, government, education, and consumer industry sectors.
Is credit management the same as collection? ›Credit management is aimed at granting credit to clients and building positive relationships with them through the provision of financial services such as loans, finance, and loan sales. Collection management aims to raise outstanding funds from debtors with unpaid debts.
What happens if I use a debt management company? ›Most DMPs are managed by a DMP provider who deals with your creditors for you. This means you don't need to deal with your creditors yourself. A DMP is not legally binding, meaning you're not tied in for a minimum period and can cancel it at any time.
Does using debt management hurt your credit? ›Does a Debt Management Plan Affect Credit? Working with a credit counselor or starting a DMP won't have a direct impact on your credit scores, though creditors may add a note to your credit report that you're using a DMP to pay the account.