Friday 3 August 2012

Choosing the Wrong Debt Collection Agency Often Results in Non-Recovery

As much as there are different types of debt, there are different types of debt collector. Recovering debts isn’t simply a process of walking into an office and leaving with an assortment of laptops. The type of debt you are recovering and your relationship with the debtor will both influence the type of DCA you choose.



Differences in Debt
Because each debt is different, you may find that some require specialist DCAs to recover them. It may be that the best way is through technology or even that you need the services of a DCA with knowledge of foreign debt-collection laws. Whatever your needs, finding the right DCA for the job can be a tricky process. Choosing the wrong one might result in you spending money on a non-recovery, leaving you in a worse position.

The system used by ComparetheDCA is much like consumer comparison websites. Simply upload the details of your debt through the website and you will receive details of which DCAs are most suited to your case. It’s a free service and DCAs that have signed up to the site are often able to offer more favourable terms than if you were to contact them directly. This is because, with more clients coming their way, they are able to reduce their prices accordingly.



Compare the DCAs
Using a well-chosen DCA also means that the impact on your business is drastically reduced. In seeking one out yourself, you will need to source them, attend meetings and decide if they are the people you want to represent you. By using the ComparetheDCA.com system, you can quickly compare the credentials of a number of DCAs and make an informed, on-the-spot decision – leaving you to get on with the job of running your business. In the meantime, specialist professionals can recover your debts swiftly, professionally and as amicably as possible.


www.ComparetheDCA.com