Low Fixed Fee High Recovery Ratios
Conventional agencies charge 33 to 50% for cash flow management and collection services. TekCollect’s programs are typically less than 10%. That’s even less than it costs for you to pursue an account internally. And as an FCUL member, you’ll enjoy a 20% discount on our already low fixed fee.
Our economical rate encourages early placement. And our fully automated web-based program ensures maximum convenience and accessibility for easy account submission. Placing early in the delinquency cycle heightens the success rate for contacting credit union members and generating prompt payment. Additionally, members respond positively to this early, innocuous approach, and that reduces the risk of alienation and loss of future business.