CONTINGENT
SERVICING
AN ALTERNATIVE TO SELLING
MAINTAIN YOUR BRAND
Contingent Servicing is an alternative to selling that has become preferred by certain clients.
PORTFOLIO
REVIEW
ACCOUNT SCRUB
PORTFOLIO
ASSIGNMENT
DSA
NEGOTIATION
NETBACK DOLLARS
Creditors that wish to retain 100% control and protect their brand and customers.
Debt Buyers that are contractually restricted from making re-trades.
The Process
The DSA servicing process is identical to accounts purchased, but the parameters are broadened. Due to there being less financial risk in servicing, we will take on lower account balances and older accounts. Accounts will be scrubbed against our proprietary database to identify DSA matches, then assigned to negotiators for recovery.
A low percentage fee rate will be charged for the service and upon collection, the net proceeds will be remitted back to the client.
HIGHLIGHTS
Our match rate on target portfolios averages 24% and varies based on the aging and asset class make-up.
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Over $16 Billion managed in debt portfolios since 1996
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Over $100M deployed for new portfolio acquisitions in the last 4 years
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AAA rating with the BBB, as we never communicate with consumers
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Currently purchasing from, and servicing for, several national financial institutions
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Data sharing agreements with 300+ Debt Settlement/Debt Management companies
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Complimentary scrub upfront to quantify the entire Debt Settlement inventory
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Already scrubbed for DSA accounts? Our database will identify an additional 10%
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Compliance and Security drive our processes throughout our entire platform