In debt collection, what does aggregation of accounts involve?

• A. Linking multiple debts to one debtor
• B. Separating debts by creditor
• C. Consolidating all debts into a single loan
• D. Creating separate reports for each debt

Answer: (A)

Aggregation of accounts means pulling together all the debts owed by the same person into one place, linking them under a single debtor profile. This creates a complete view of what the debtor owes across different creditors, making it easier to apply payments correctly, avoid double-contact, and assess total exposure. It is not about separating debts by creditor, which would fragment information. It is not the same as consolidating all debts into one new loan, which is a separate financial product and process. And it isn’t about generating separate reports for each debt, which would hide the overall picture.