Ark. Code Ann. § 17-24-101: Definition

As used in this chapter, unless the context otherwise requires, "collection agency" means any person, partnership, corporation, association, limited liability corporation, or firm that:

(1) Engages in the collection of delinquent accounts, bills, or other forms of indebtedness owed or due or asserted to be owed or due to another;

(2) Uses a fictitious name or any name other than its own to collect its own accounts receivable;

(3) Solicits claims for collection; or

(4) Purchases and attempts to collect delinquent accounts or bills.