Credit Collections (UK) Ltd is a credit collection agency providing credit collection & credit control services.
Before engaging a credit collection agency ensure that you are clear upon it's terms of business & charging structure. Many credit collection agencies will be happy to work on a no collection no fee basis. Where monies are successfully recovered a fixed fee charging rate may be agreed but it is more common for a credit collection agency to charge a commission on the monies they recover on your behalf. Prior to engaging your chosen credit collection agency ensure that you are aware of the commission rate that will be charged.
Avoid any credit collection agencies that request monies upfront or require you to purchase credits prior to carrying out any work. Also be wary of any credit collection agency that will only act on your behalf if you submit a minimum number of accounts for collection per year. Any reputable credit collection agency will be happy to undertake work on your behalf whether you have a single account to be collected or numerous accounts.
Always ask the credit collection agency to provide you with it's licence details & enquire whether it belongs to any governing body, such as the Credit Services Association or Institute of Licensed Debt Practitioners. Also enquire whether any of the staff employed by the credit collection agency are Institute of Credit Management members.
It is also a good idea to ask whether the credit collection agency has any experience in recovering unpaid accounts in your particular field of business. Always request references from existing clients of the credit collection agency that operate in your area of business to ensure that they have the required knowledge to recover unpaid accounts in your particular market place.
Credit Collections (UK) Ltd has been established as a credit collection agency since 1985 & can satisfy all of the above requirements.
1 Sheffield Road
Tel: 01246 411931