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Sector: 56 Administrative and Support and Waste Management and Remediation Services

NAICS Code 561440 - Collection Agencies

Industry Description

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

Illustrative Examples:

Account or delinquent account collection services

Tax collection services on a contract or fee basis

Bill or debt collection services

Cross-References. Establishments primarily engaged in--

Business Examples

Common types of business activities within NAICS 561440 - Collection Agencies are:

  • Delinquent account collection services
  • Tax collection services on a contract or fee basis
  • Collection agencies, accounts
  • Adjustment agencies (except insurance)
  • Debt collection services
  • Bill collection services
  • Collection agencies
  • Credit arrears collection services
  • Account collection services

IBISWorld Industry Research Report

Debt Collection Agencies in the US (56144)

Revenue 2025

$13.6bn

Growth 2025

0.38%

Key Trends

  • Changes in the recurring debt pool create revenue volatility

  • High interest rates will increase the potential for delinquency

  • Steady increases in household debt will improve the debt collection recovery rate

Products and Services

Similar Industries

For some business types, there may be a similar industry to 561440 - Collection Agencies that is a better classification match. Establishments primarily engaged in:

NAICS Hierarchy 561440 - Collection Agencies

NAICS Code 561440 - Collection Agencies sits in the 2-digit Collection Agencies sector. NAICS codes can be 2- to 6-digits and the further along the hierarchy, the more detailed and specific the category will be. Learn more about the structure of NAICS codes

2 Digits: 56

Sector Title: Administrative and Support and Waste Management and Remediation Services

3 Digits 4 Digits 5 Digits 6 Digits

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