2022 Edition

national industry 561440

Collection Agencies

Overview

This industry comprises establishments primarily engaged in collecting payments for claims and remitting payments collected to their clients.

The immediate parent of national industry 561440 is international industry 56144: Collection Agencies

Illustrative Examples

  • Account or delinquent account collection services
  • Tax collection services on a contract or fee basis
  • Bill or debt collection services

2022 NAICS Edition Cross References

  • Repossessing tangible assets--are classified in U.S. Industry 561491, Repossession Services;
  • Providing financing to others by factoring accounts receivables (i.e., assuming the risk of collection and credit losses)--are classified in U.S. Industry 522299, International, Secondary Market, and All Other Nondepository Credit Intermediation; and
  • Providing legal services for debt collection by offices of lawyers--are classified in Industry 541110, Offices of Lawyers.

Sub-Descriptions

  1. 561440 - Account collection services
  2. 561440 - Adjustment agencies (except insurance)
  3. 561440 - Bill collection services
  4. 561440 - Collection agencies
  5. 561440 - Collection agencies, accounts
  6. 561440 - Credit arrears collection services
  7. 561440 - Debt collection services
  8. 561440 - Delinquent account collection services
  9. 561440 - Tax collection services on a contract or fee basis

History

The NAICS editions in which this code was present are indicated below. In the event that a code was changed from the prior edition the equivalent value in that edition is provided for reference.

Edition Existed Equivalent Value
2002 561440
2007 561440
2012 561440
2017 561440
2022 561440

Standard Industrial Classification (SIC) Mappings

  1. 7322 - Adjustment and Collection Services
  2. 7389 - Business Services, Not Elsewhere Classified

Insurance Industry Mappings

The US Property and Casualty Insurance Industry may use the following classification descriptions which might encompass national industry 561440, Collection Agencies:

  1. adjuster office
  2. adjustment and collection service
  3. administrative and support and waste management and remediation service
  4. administrative and support service
  5. business service not otherwise classified
  6. business support service
  7. collection agency
  8. collection agency condominium office
  9. collection agency naic
  10. collection agency office
  11. office adjuster
  12. office collection agency condominium office
  13. office collection agency office

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