Credit Rating & Collection Co. - TAHSSILAT

Activities

Credit Rating & Collection Company K.S.C.C. (CRC) was founded in 1998 with a paid-up capital of KD 3,000,000. The company aims to enhance financial stability by helping businesses recover their market debts, allowing them to concentrate on their core activities. CRC also offers risk management and debt recovery services to support the banking and commercial sectors by addressing unpaid debts. CRC quickly became a leading credit management and debt recovery firm in Kuwait. Additionally, CRC offers international collection services through its memberships with the American Collectors Association (ACA), Total Credit Management Group (TCM), Finance Credit & International Business (FCIB), and Associated Credit Bureaus Inc. (ACBI). CRC utilizes its resources to resolve debts in a way that benefits both debtors and creditors. The company also upholds responsibilities towards credit providers and the business community, adhering to the country's legal regulations and Islamic principles. CRC engages in several activities to enhance financial stability and assist businesses in debt recovery, including credit rating, debt collection and financial consultancy. CRC aims to contribute to financial stability by offering essential services that help businesses manage credit risks and recover debts efficiently. The company focuses on: 1). Risk Mitigation: Implementing strategies to minimize credit risk for clients. 2). Revenue Recovery: Enhancing businesses' ability to recover outstanding debts, thereby improving financial health. 3). Market Expertise: Leveraging extensive local market knowledge to provide tailored debt recovery and credit management solutions.