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Collection House Limited (ASX:CLH)

Diversified Financials

Collection House Limited (ASX: CLH) is one of the leading debt collection (aka receivables management) companies in Australia. Collection House provides debt repayment solutions to organisations and individuals. Its bread and butter is buying debt (known as Purchased Debt Ledgers or PDLs) from companies. PDLs represents debt that is past due and owed by customers. Collection House buys this debt for a fee and uses its collections team to recover the amount from the company’s customers, earning a margin in the process.

Collection House Limited (ASX:CLH) share price

Collection House Limited (ASX:CLH) passive income

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