WorldWide News

You usually get what you pay for...

4/ 24/ 2018

RATES vs PRODUCTION

Providing global services

Industry discussions over rates for collection service have been widely discussed over the years. The bottom line is how much money an agency puts in your pocket at the end of the day. Based on information gathered by the governing licensing groups, the average agency recovery is 33% while CST Worldwide has an average recovery percentage of 50%.

Using the industry average recovery of 33% on a $100,000 claim, and assuming a reduced fee of 15%, you will receive $28,050.  If this same claim were handled by CST Worldwide, at our standard 25% fee, and our average 50% recovery, you would receive $37,500.  This is a difference of $9,450.

On a $500,000 claim, the difference is $47,250, the equivalent of a salary.

Discounts are typically used to get in the door, results are what keeps relationships. Discount agencies typically have lower recoveries as a result of the reduced service required to function with discounted fees.

CST WORLDWIDE is THE SOURCE to increasing your bottom line.


Coverage

Accounts handled worldwide. Outside reps available for in-person visits.

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Experience

Over 65 years in business. Adjustors (collectors) average over 15 years of experience.

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Commercial Collection Agencies of America IACC Credentials

Member of Commercial Collection Agencies of America
and member IACC. Licensed
and bonded in all states requiring commercial agency licensing.

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What they are saying about CST Worldwide