{"id":147,"date":"2008-09-16T03:26:05","date_gmt":"2008-09-16T08:26:05","guid":{"rendered":"http:\/\/artfieldinvestmentsrdinc.info\/blog\/2008\/09\/16\/is-it-possible-to-negotiate-debt-collection-rates\/"},"modified":"2008-09-16T03:26:05","modified_gmt":"2008-09-16T08:26:05","slug":"is-it-possible-to-negotiate-debt-collection-rates","status":"publish","type":"post","link":"https:\/\/artfieldinvestmentsrdinc.info\/blog\/is-it-possible-to-negotiate-debt-collection-rates\/","title":{"rendered":"Is it possible to Negotiate Debt Collection Rates?"},"content":{"rendered":"<div style='font-style:italic;' class='uawbyline'>by JR Rooney<\/div>\n<p>I&#8217;m need to collect some past due accounts. Do collection agencies give volume discounts?<\/p>\n<p>Yes, many good collection agencies will offer a discount if your company places multiple accounts or the balance is very high or the account is new.<\/p>\n<p>Typically, there are 3 rules to follow to determine what rate your company will be charged:<\/p>\n<p>Balance due. If you have a past due account totaling $5,000 or more, your company might be able to get a discounted rate.<\/p>\n<p>Age of account. A past due account that is 60 days old has a greater chance of being recovered than a 730 day old account. Collection agencies that get paid based on 100% commission will not have a large incentive to work on older past-due account, much less offer you a discount on them.<\/p>\n<p>Volume discounts. If you have many accounts to collect, you should be able to secure a discounted rate. For example, if your company has twenty five delinquent accounts for 25K that are less than a year old, it should get 30 percent to 35 percent off regular price, unless you entered into a different kind of arrangement.<\/p>\n<div class='uawresource'>\n<div style='font-style:italic;' class='uawabout'>About the Author:<\/div>\n<div class='uawlinks'>A <a href=\"http:\/\/www.rapidrecoverysolution.com\">Collection Agency<\/a> that i personally know will treat you good and give you a great rate is Rapid Recovery <a href=\"http:\/\/rapidrecoverysolution.com\/Collection_Company.html\">Collection Company<\/a> Get a totally unique version of this article from our <a href='http:\/\/www.uniquearticlewizard.com\/home.php?id=27988&amp;p=6868'>article submission service<\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>I&#8217;m need to collect some past due accounts. Do collection agencies give volume discounts?<\/p>\n","protected":false},"author":226,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[55],"class_list":["post-147","post","type-post","status-publish","format-standard","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/artfieldinvestmentsrdinc.info\/blog\/wp-json\/wp\/v2\/posts\/147","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/artfieldinvestmentsrdinc.info\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/artfieldinvestmentsrdinc.info\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/artfieldinvestmentsrdinc.info\/blog\/wp-json\/wp\/v2\/users\/226"}],"replies":[{"embeddable":true,"href":"https:\/\/artfieldinvestmentsrdinc.info\/blog\/wp-json\/wp\/v2\/comments?post=147"}],"version-history":[{"count":0,"href":"https:\/\/artfieldinvestmentsrdinc.info\/blog\/wp-json\/wp\/v2\/posts\/147\/revisions"}],"wp:attachment":[{"href":"https:\/\/artfieldinvestmentsrdinc.info\/blog\/wp-json\/wp\/v2\/media?parent=147"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/artfieldinvestmentsrdinc.info\/blog\/wp-json\/wp\/v2\/categories?post=147"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/artfieldinvestmentsrdinc.info\/blog\/wp-json\/wp\/v2\/tags?post=147"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}