ATTENTION MEMBERS

With NACM CREDIT REPORTING CONTRACTS

Effective July 1, 2004, NACM East Coast no longer offered new NACM Credit Reporting Contracts. If you currently have an NACM Credit Reporting Contract in place, it will remain in effect until it expires and/or is depleted, either by date or by funds. We will continue to deplete the NACM Credit Reporting Contracts using the same discount in accordance with the existing amount of your Contract. Once your Contract has been depleted, you will be invoiced monthly for your report usage at standard pricing.

The value of the NACM consolidated database increases with content. Our goal is to have as many members as possible submit their entire A/R. The consolidated database contains information from at least fifteen NACM affiliates nationally.  In recognition of the value of this contribution, we provide an incentive, reward for data contributors. Members who submit their entire Accounts Receivable electronically will be provided with a discount on NACM credit reports monthly. The discount will increase to 5% off of the standard rate. That discount, for example, reduces the Called-In, Basic Rate, Updated report by $1.24 from $24.75 to $23.51. The additional discount for pulling reports on-line remains in effect.

Please contact our office with further questions or concerns.