BARR Credit Services makes quality control and compliance a top priority. It’s our obligation to our clients to comply with all state and federal regulations in an effective and professional manner.
BARR Credit Services carries Errors & Omissions insurance and meets all of the bonding requirements for commercial collection agency licensing, as mandated by each state or municipality. We’re proud to say we’ve never had a claim filed against any bond in any state or municipality. Neither have we ever had a bond revoked or an application denied.
At BARR, we maintain a certificate of compliance through the Commercial Law League of America. CLLA membership requires:
- Strict compliance with the CLLA Code of Ethics
- Random onsite audits
- Maintenance of a surety bond in the minimum amount of $300,000 for the protection of the creditors
- A separate trust account into which all monies belonging to creditors are placed and monitored.