The Collection Agency Industry's "Publisher of Record"
First Detroit Corporation, internationally known publisher and researcher in the field of debt collection and related credit subjects, was established in 1988 by Albert W. Scace, the
firm's former President & Editor-in-Chief.
During its first decade, First Detroit established a worldwide reputation of providing collection agencies, bad debt buyers, credit bureaus, creditors and debt industry vendors with
valuable and heretofore unobtainable industry information.
In 1990, when First Detroit launched the monthly newsletter Collection Agency Report, it was the only news publication that covered the collection industry. Now in its
sixteenth year, Collection Agency Report remains the only source of financially oriented news and analysis on the debt collection industry.
Building on that success, First Detroit launched the annual Collection Agency Directory
in 1991. As with our first publication, it was again the original collection industry Directory, providing creditor's and collection industry executives with extensive data on individual collection agencies.
Over the years, First Detroit introduced several special reports covering the important collection agency topics of Mergers & Acquisitions and Regulatory Enforcement Actions.
Today, First Detroit stands alone as the unparalleled provider
of extensive financially oriented debt collection agency information, collection agency resources and debt collection statistics. We have more than 2,000 satisfied customers. Collection Agency Report
continues to expand on its acknowledged status as the debt collection industry's "news publication of record", a responsibility we do not take lightly and are proud to hold.
First Detroit continues to operate as a privately held corporation under the leadership of Patricia A. Herrick, President & Chief Executive Officer, one of the original founders of the
company.
Ms. Herrick was born in Rutland, Vermont and has previously founded and ran a successful private company. First Detroit is headquartered in the United States with its principal offices located in Warren, Michigan, Detroit's largest suburb.
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