Debt Collection
We specialise in fast, effective debt recovery services.
Credit Recoveries Limited is a commission-based debt collector, so our revenue is generated by collecting your debts, giving us a real incentive to achieve the best result for you. Depending on your Terms of Trade, we can recover the total debt with no cost to you.
Unlike a lot of our competitors we don’t charge expensive subscription fees or scale the fee depending on the size of the debt loaded – we only charge commission once we have collected your debt. Quite simply, if we don’t collect your debt, we don’t get paid our commission.
Credit Recoveries Limited employs specialist debt collectors and we don’t outsource our collections to a call centre. This method allows us to control your collections and achieve the best possible result. This approach has seen our client’s collections increase dramatically since switching to Credit Recoveries Limited from other agencies, as shown by our long list of testimonials.
Our specialist collectors utilise our state-of-the-art debt collection software, which logs and tracks all contact with the debtor, combining information from a variety of sources to produce the most up to date record of their situation. This also allows us to produce customised reports for you the client so you remain informed at all times. Our software has the additional benefit of a live client portal, giving you 24 hour access to the accounts which lets you monitor our progress with up to the minute information, live on your computer. Our whole process has been designed to allow you to see exactly what we are doing.
We use the best debt collection methods, for the best results.
We understand that each debt is different to the last, and that is why all our collections are tailored to the specific debt. Using a variety of methods we utilise posted mail, phone calls, SMS technology, emails, social media such as Facebook and site visits to contact your debtors. Combined with our experienced legal counsel, we ensure that every available method will be used to collect your debts.
The tailored approach isn’t just limited to collections. We also pride ourselves on our ability to adapt our service provided to our clients. With a wide range of clients including Government agencies, large businesses, small to medium businesses and individuals, we know there is no one-size-fits-all approach. Therefore we can customise our reporting, debt loading methods and even disbursements to suit you.
Alongside our customised collection processes, we ensure all debtors who default are loaded with the appropriate agencies, impeding their credit rating for years to come. We use Veda and Centrix, New Zealand’s leading credit reporting agencies and we load and maintain all defaults as a complimentary service.
One important thing to consider before you refer to debt collection is the state of your Terms of Trade. When correctly used, your Terms of Trade can allow all collection costs to be paid for by the debtor, removing the need for you to pay anything if the account is paid in full. This won’t require any major changes for most businesses, but it is best to talk to us about a complimentary evaluation and recommendation.
We can tailor our debt collection process to suit you.
At Credit Recoveries Limited, we don’t just provide debt collection – we also offer document service, credit reportingand credit advice to help you get back on the right track.
If you would like to know more about how we operate, please read all about us and our debt collection process, or you can email or call us on 0800 227 435 for some friendly help and advice.
