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13.6.2022

Amount of debt collection costs for low principal sums

Is it right to charge €14 for debt collection costs for a principal of €7? Whose benefit is it if the debt collection expense is many times the principal?

Category: Uncategorized

Amount of debt collection costs for low principal sums

Is it right to charge €14 for debt collection costs for a principal of €7? Whose benefit is it if the debt collection expense is many times the principal?

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Credit Visor Anne

“I’m glad the invoice was forwarded to you for debt collection.

Working for a debt collection agency – this does not invoke major thoughts among some, while others are highly prejudiced when it comes to working at a debt collection agency. Many of our employees have been asked “are you the one who recovers the money then?”, including our new debt collection agent Marina.

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Partnership between the client and the debt collection agency with a capital P.

Nowadays, there is a lot of talk of a partnership between the client and the debt collection agency. Even though it is talked about, partnership with a capital P is not yet realised in all respects at all times. What does a good partnership mean and what does it require from each party?

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