Credit Collections (UK) Ltd is a debt collection agency in the UK providing debt collection & credit control services.
Before engaging a debt collection agency ensure that you are clear upon it's terms of business & charging structure. Many debt 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 UK debt collection agency to charge a commission on the monies they recover on your behalf. Prior to engaging your chosen debt collection agency ensure that you are aware of the commission rate that will be charged.
Steer clear of any debt collection agency that requests monies upfront or requires that you purchase credits prior to carrying out any work. Also be wary of any debt collection agency that will only act on your behalf if you submit a minimum number of accounts for collection per year. Any reputable debt collection company will be happy to undertake work on your behalf whether you have a single account to be collected or numerous accounts.
Always ask the debt 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.
It is also a good idea to ask whether the debt collection agency has any experience in recovering unpaid accounts in your particular field of business. Always request references from existing clients of the debt collection agency that operate in your field 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 debt collection agency in the UK for over 25 years & can satisfy all of the above requirements. You can therefore rest assured that all of your debt collection agency requirements are in safe hands.
1 Sheffield Road
Tel: 01246 411931