31 January 2003 12:00am

Debt collector Credit Corp made it onto ANZ Bank's panel of preferred agents.

Simon Calleia, managing director of Credit Corp, said the firm was now on all major bank panels, bar Commonwealth, which has an exclusive arrangement with Baycorp (in which CBA is a major shareholder).

He said that acting as agent, rather than buying debtors ledgers outright, was a relatively new business for Credit Corp.

"Banks have undertaken a lot of consolidation of panels in the last year and a half. The panels were just too large. It means we can now be a primary agent...