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Rates
ABS
works on a contingency fee(no collections, no charge)basis.
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Remember....
Rates
are not the most important factor in choosing a collection agency. Some agencies will quote you a low rate that does not afford
the collectors ability to call, skip trace or sue on your accounts and therefore your accounts go uncollected. In this situation
the only party that benefits is the debtor.
Our rates are based on the lowest percentage that we can charge and still
be able to do everything possible to collect your debt.
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Rates are determined
by the following factors:
Average balance on accounts
Whether the accounts are commercial or consumer
Number
of accounts being assigned
Age of accounts
Type of accounts (doctor, attorney, bank, etc.)
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During your
initial call to ABS, you will be quoted a rate based on these factors. Rates can range from as low as 18% for large balance
newer commercial accounts, to as high as 45% for one time or small balance older accounts.
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