WHAT KIND OF RETURN SHOULD I EXPECT?
Our national association which is comprised of the majority of collection agencies in this country placed the national overall rate of recovery at approximately 18.5%. To date, Core Recovery exceeds the National average by more than 35%.
COMPARING RATES AND AGENCIES
The best way to evaluate an agency is to calculate the net return. The net return is the number of dollars you actually get back. This is the best way to compare who is performing the best on your accounts. Of course, you still shouldn't select an agency on net return alone. Ask yourself these questions:
What kind of local reputation does the agency have?
Are they active in both state and national associations?
Are they licensed?
What are their collection procedures?
Have they ever been sued?
Do they employ certified collectors?
What have they done to improve your community?
Core recovery will be happy to answer these and any other questions you may have.
ACCOUNT SIZE
Core recovery has established a minimum dollar required for listing an account of $25. Because of our costs associated with entering and working an account and your posting and maintaining the file, one less than that would prove unprofitable for both of us.
Core Recovery will charge a setup fee of $100.00 for new clients listing fewer than 5 accounts on the initial placement and a fee of $50.00 for new clients listing fewer than 10 accounts.
Core Recovery
424 East Front Street / PO Box 389, Traverse City, MI 49685
Phone: (231) 947-7260 Fax: (231) 947-4320
424 East Front Street / PO Box 389, Traverse City, MI 49685
Phone: (231) 947-7260 Fax: (231) 947-4320