Collecting money from overdue accounts can be a hassle. It is time consuming and unless your collection campaign is consistent, it won't be very effective. At CollectAR we offer an easy, effective, and affordable way for you to send professional collection letters at scheduled intervals to your clients to complement the telephone call process.

It is a known fact that 80% of delinquency is caused by neglect. This can be failure to send invoices on time or to send clients a timely reminder notice nudge. This CollectAR service can simplify this process and keep your name in front of the accounts payable person so that your invoices will always get into their regularly scheduled check/cheque run.

Simply put, we will schedule, track, print, fold, stuff, seal, address, add postage, sort and deliver your entire collection letter campaign to the post office. Letters will be addressed from your company with your return address.

How it works! We will customize and send a series of collection letters (on your company letter head) to your customers, worded to fit the delinquency status, that will constitute a very powerful demand for payment. Each letter will be progressively stronger than the one before.

The actual wording of the letters will be based on the type of collection situation you have outsourced and/or identified to us.

The first letter would be designed to inform the debtor that the account has been escalated to your senior collections staff and department and demands immediate payment or an explanation.

The second letter warns of your determination to get paid within terms, while the third letter could be a final demand based on your terms and credit/collections policy.

This final demand letter if we get to this level, would inform the debtor that further legal action utilizing outside agencies will commence after a set number of days, unless payment is received prior to a set date and describes the possible consequences of such litigation.

Again as with our collections service, all payments are sent directly to you/your company.

These letters are professionally written to comply with all provisions of the FCRA (Fair Credit Reporting Act) and FDCPA (Fair Debt Collection Practices Act).

Letter Service Rates are as Follows:

	1- 100	-	$7.00 per file
	101- 249	-	$5.00 per file
	250- 499	-	$4.00 per file
	500 & Up	-	$3.00 per file

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