Extreme Debt Collectors: What’s Their Secret To Success?
You’ve heard the horror stories: Debt collectors who go to negative extremes to collect a debt, sometimes in ways that are extremely unethical or just plain low.
The debt collections business is a tough industry no matter how you slice it. But for commercial debt collection companies that are committed to collecting the right way, going to extremes can have a different and surprising meaning!
The top-notch Commercial Debt Collection Agencies in the nation are considered the best because they typically take a counter-intuitive approach with the debtor, routinely going against the stereotypical picture most of us have of collectors. How?
Good collectors problem solve creatively by working with the debtor – NOT against him. It’s a hand-on-the-shoulder approach that guides the debtor in the direction of a resolution. – an approach that sets the really great collection companies apart from the others. They know that the less painful the process is for both parties, the better!
Extreme debt collecting is not defined as a bunch of harassing phone calls or a mailbox full of letters. It’s not the use of humiliation or empty threats. To go to the extreme to collect means working with your customer so that your money ends up in your pocket while maintaining a profitable and good relationship with the customer at the same time.
Extreme collecting is a mix of respect, creativity and flexibility so that good customers will continue their relationship with you even through the tight spots.
You CAN go to these extremes in-house and see great results! Work WITH your debtor … not against!