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How Does it Work?
Let’s say a debtor owes you £180.00 (90 days past due date) and you refer it to us for "subsidised" collection under one of our fixed fee schemes.
In this example, we are able to recover a £40.00 administration fee from your debtor ([compensation]), along with [interest] of £5.22. Our charges to recover this sum for you will be £12.50 to £50.00 (depending on which service you use).
Therefore, on a “best case” scenario basis, we would have more than covered our collection charges and at worst our charges would have been heavily subsidised. Potentially, we are able to provide you with a cost free [debt collection] service.
Go back to debt recovery service page
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