Company Information

Get to know EL COBRADOR DEL FRAC SA

Founded in 1980, El Cobrador del Frac SA is a debt recovery company based in Spain. Its business model is centered on the out-of-court collection of unpaid debts on behalf of its clients (creditors). The company is famous for its distinctive and high-pressure collection tactic: dispatching an agent dressed in a formal tuxedo ("frac" in Spanish) to publicly follow the debtor at their home or workplace, thereby creating social pressure to compel payment. This method, while recognized for its effectiveness, has also been the subject of significant legal and public scrutiny over the years.

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EL COBRADOR DEL FRAC SA

Spain

Founded in

1990 (36 Years)

Founded

Last online: No recent activity

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Markets.com

(326 reviews)

United States

2008

(18 years)

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License

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.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.