Debt Collections

Managing and collecting commercial receivables (unpaid receivables between companies or organizations) is commonly linked to the credit information business.

In response to the request from our customers: Export Credit Agencies, most important information bureaus worldwide and big companies abroad, we, Debt Collection Division of Credit Report Corporation started providing collection service on delinquent accounts against domestic and international debtors in September, 2003.

Collecting debts is a full time job that requires experienced, fully trained personnel and efficient resources. Our advantages: High negotiating resources and expertise to collect backed by our Registered Brand. We have our own specialist teams who have an average of more than 15 years’ working experience in related areas, such as: trading, legislation and finance settlement, supported by a network of local and international correspondents.

Our company allows you to performing your activities at 100%, while we collect your problem accounts, either in our name or yours. The pertinent suggestions from our experts have shown constantly our clients’ recoveries with maximum effectiveness. This is only possible in countries where CREDIT REPORT ® has on-site contacts, which can act quickly.

Fees

CREDIT REPORT ® then assumes responsibility for collecting the claim based upon a 'no collect, no fee' compensation. This compensation is calculated as follows on amounts actually received in US$:

- Amount recovered below US$ 20,000: 20%
- Amount recovered between US$ 20,000 and US$ 100,000: 15%
- Amount recovered above US$ 100,000: 10%

In the event that legal proceedings are needed, such proceedings will not be initiated without your agreement. You are to bear the resulting cost.