Why Collection Agencies Exist
Why do collection agencies exist you ask? No matter how great the company, there are going to be bad debts. A Collection Agency exists to assist the business owner in securing that unpaid debt. No business is too small or too large to have delinquent accounts. If the company continues to try and collect on their own, they risk several things.
- Taking too long and having to write it off
- Approaching it without knowing the laws and getting in trouble and spent a lot more than they collect
- Not having the necessary tools to track the debtor down if he/she moves
Many think it is too expensive for little results. How they charge is a great question as some collection companies charge a large fee upfront and they don’t push to collect like those who you only pay if they collect for you. The latter option leaves those business owners with a win-win.
Allowing a collection agency to work on your behalf allows you to retain that customer and their referrals in the future. It takes the emotion from the equation as this could be someone you have known for years or even a family member. You do want to do your due diligence and search for a reputable collection agency like MCA Collection Agency with their A+ BBB rating. They can help you if your business is in MO or TX.
After knowing the facts, feel free to contact MCA Collection Agency to get all your questions answered by a “REAL” person. This company is locally owned and serves their local area and participates in their chamber of commerce.
MCA Collection Agency is a company that believes its employees are its greatest assets and invites you to get to know these outstanding people.
MCA is a third party debt collection agency that has been in constant business since 1950. We are rated A+ with the Better Business Bureau and we pride ourselves in excellent customer service along with delivering great recovery rates. There is no cost to you unless we collect! Why not try and re coop some of your past due accounts with no out of pocket expense?