We can pursue customers ourselves, but the time involved is a bit too much. Having said that though, we'd be reluctant to give up something like 50% to a collections co. -- anyone have good experience with a firm?
Who can recommend a good collections company?
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Who can recommend a good collections company?
We can pursue customers ourselves, but the time involved is a bit too much. Having said that though, we'd be reluctant to give up something like 50% to a collections co. -- anyone have good experience with a firm?Tags: None -
Originally posted by detoxed
What kind of collections? What kind of proof of debt do you have?
Collections for people that default on deferred payment plans. I have their billing information obviously, and proof of receipt of the item w/ UPS signature confirmation, etc.Comment
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I normally refer them to my Uncle, if you know what I mean
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I turn all my deadbeats over to Dunn & Bradstreet. I think their cut is 25%. They're pretty effective.Comment
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ranging from $80 to $320Originally posted by detoxed
And what $ amountsComment
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Originally posted by WiredGuy
For domestic claims, I've seen rates of about 20%. Cross-border debts I've seen Canada/US upwards of 35-40%.
WG
Good info thanks
http://smallbusiness.dnb.com/collect...e-products.asp
Dun & Bradstreet seems to charge a 'list price' of $15/$25, but I don't yet know what the means exactly
That can't be the charge for every letter sent out I hope ...
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To be honest, I've never heard of a list price. I've been dealing with them for several years & have even attended several of their seminars. I've got upwards of $100k in debtor accounts with them right now and am unaware of being charged a list price fee.Originally posted by [Brian]
Good info thanks
http://smallbusiness.dnb.com/collect...e-products.asp
Dun & Bradstreet seems to charge a 'list price' of $15/$25, but I don't yet know what the means exactly
That can't be the charge for every letter sent out I hope ...
There's a woman there at D&B RMS, Mary, who is very helpful to whom you could speak. Scott is also another good one. Unfortunately I'm home now so I don't have the # handy.Comment
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Originally posted by The Other Sweetie
To be honest, I've never heard of a list price. I've been dealing with them for several years & have even attended several of their seminars. I've got upwards of $100k in debtor accounts with them right now and am unaware of being charged a list price fee.
There's a woman there at D&B RMS, Mary, who is very helpful to whom you could speak. Scott is also another good one. Unfortunately I'm home now so I don't have the # handy.
Thanks!
I'll investigate furtherComment



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