News Newsletter January 2009 Make Collections Less TAXing!
Make Collections Less TAXing!
January signals the start of tax season and typically, a creditor's best RECOVERY months of the year. Ask your debtors if they're getting a refund and mention that using it to pay you could keep their account from being sent to a collection agency. The timely tactic could help you collect more debt!
If customers ignore your repeated requests for payment, immediately submit their accounts to I.C. System, MEA's recommended provider of collection services. Doing so ensures your accounts are being worked during their best recovery months of the year-February through April. Historically, their first-month collection percentage is 10% MORE on accounts received during these months compared to the rest of the year.
The Minnesota Electrical Association has recommended I.C. System as a valuable membership benefit since 1987. I.C. System is one of the largest receivables management companies in the United States among 6,700 competitors. Our growth comes from performing for clients, not acquiring competitors. I.C. has over 1,000 employees working with over 30,000 companies throughout all 50 states.
I.C. System has collected billions of dollars for clients, comply with the Fair Debt Collection Practices Act and the Code of Ethics as adopted by the American Collectors Association, and is licensed, insured, bonded and comply with all local, state and federal regulations governing collection agencies. I.C. System specializes in both commercial and consumer collections and will work with you to tailor a program that fits your unique needs.
For a no-obligation consultation with I.C. System, please call 800-279-3511 or visit www.icmemberbenefits.com
