NO ACCOUNT IS TOO OLD
MAC Financial Recovery specializes in the collection of 'exhausted' accounts. Our prominent skip tracing ability and negotiation tactics increase the success rate of collections. MAC protects your company's image by collecting on accounts responsibly. We minimize the risk of complaints normally associated with collection agencies
EXHAUSTED ACCOUNTS
We start where most companies stop. MAC places great emphasis on skip tracing on every account. Obtaining contact with the debtor is the greatest challenge facing collections. New telephone numbers, addresses and places of employment can be obtained through proper skip tracing. Obtaining this new contact information is pivotal to providing the best opportunity to collect the debt.
PROTECT YOUR COMPANY'S IMAGE
We place great emphasis on minimizing complaints. Complaints can lead to negative implications for us as well your company. Our focus is on promoting positive communication with debtors. We choose to talk to the debtor and discuss the debt. We do not believe in negative communication such as shouting, insulting or being demeaning towards the consumer. That type of communication is counter-productive to collecting the debt.
RESPONSIBLE COLLECTION
Every account is given a full skip trace and credit bureau review. Collection efforts are in adherence to the CAA. We respect the CAA regulations of all Canadian provinces. We are aware that there are different regulations in certain provinces and we do not violate any such regulation.
• debt purchasing • third-party collections • skip tracing services
WHY SHOULD A COMPANY SELL DEBT?
Companies choose to sell debt for a variety of reasons. Selling debt eliminates the hassle of collecting debt. It allows the company to allocate its resources elsewhere. Resources can be re-focused towards expansion, training and system upgrades. It allows the seller to receive a quick return. Many companies view receivables as the 'cost of doing business' and an immediate loss. Selling debt can turn that 'loss' into an immediate return.
WHAT IS SKIP TRACING?
Skip tracing consists of using the existing information on file in order to obtain new contact information. 'Credit bureaus' are an effective tool in skip tracing and help to provide new information that would otherwise go undetected. Using various '411' websites aid in obtaining new listings for existing data.
BEWARE OF BAD SKIP TRACING
Bad skip tracing performed by under-experienced agencies damages your company's reputation and in some cases can lead to lawsuits. Inexperienced collectors will not analyze certain data because it is 'too old'. Some collectors search too broadly. As a result , they can miss crucial data leading them to the wrong debtor. Here at MAC Financial, we ensure each case is properly documented and with care and professionalism.
WE PERFORM THIRD-PARTY COLLECTIONS
We can turn accounts that have been ‘written off’ into a steady revenue stream. Our commitment to collecting responsibly focuses on maintaining our client’s image. Our thorough collection process serves to ensure that consumer contact and collection is maximized.
SEASONED COLLECTORS
The majority of our experience has been comprised of working with major credit card companies with a focus on retail accounts. In addition, we have collected on behalf of telecommunications and automotive companies. We are confident that we can collect on delinquent accounts regardless of the nature of your business.
EXPERIENCE
credit card debt
retail credit card debt
consumer-based debt
tele-communications debt
automotive debt
REFERRALS
Re/max
Richmond Hill Dentistry
Hemisphere Freight & Brokerage