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Get to know California Association of Collectors

Founded in 1917, the California Association of Collectors, Inc. (CAC) is a trade association representing third-party collection agencies, creditors, asset buyers, attorneys, and vendor associates. As the state unit of ACA International, the Association of Credit and Collection Professionals, CAC's mission is to promote, protect, and enhance the credit and collection industry in California. The association provides its members with educational programs, legislative and regulatory advocacy, and a platform for professional networking and development to ensure compliance and ethical standards.

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California Association of Collectors

United States

Founded in

1917 (109 Years)

Founded

Last online: No recent activity

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

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A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

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