Variations

Early Bird Discounts

As mentioned more than once, the sooner we can commence our debt recovery activities the more likely you are to get paid, and paid in full.

So we'd like to encourage you to pass your overdue accounts to us sooner rather than later. We do that by offering Early Bird Discounts in those situations which qualify.

As it's not possible to lay down a scale of fixed discounts (too many other factors need to be taken into consideration) we will discuss what we can offer for each individual case.

Of course, if we fail to collect money, you'll pay nothing, whatever our initial agreement about commission rates.

Age Loadings

Just as we can offer discounts for cases handed over to us when they are relatively "new", so we are sometimes obliged to levy age loadings in those cases which are "old".

The decision as to age loadings, as for early bird discounts, depends on a number of factors and therefore can only be taken on an individual basis.

And, as before, if we fail to collect money, you'll pay nothing, whatever the age loading.

The Fine Print

We believe in keeping things simple… however we also want to ensure transparency in our relationship with our clients. Accordingly, the following ‘fine print detail’ is outlined below in order to avoid any misunderstandings between us.

• Once you have passed an outstanding account to us for collection, all subsequent payments – whether received by us or by you – rank for commission as per the rates shown on the previous of this page.
• Monies collected by us will be held for your account in our Trust Fund and paid out to you (less our due commission) when the case is finalised; or from time to time, as requested by you, where protracted payment plans have been set in place with the debtor.
• Either party to an agreement pertaining to debt collection services may terminate that agreement on giving to the other party 30 days notice in writing.