Prices - for clients with single debts or isolated needs
If you have a regular need or a large number of debts to place then click here to advise us of your details and we will email you a fully costed proposal.
Score Debt Collection prides itself on its capacity to deliver value pricing options for debt recovery for small to medium users. Our debt recovery rates will match or better those of large clients with other collection agencies. We don’t know of any other debt recovery agencies that offer you such a range of pricing options; options designed to ensure that you can select a rate that is relevant to your own debt recovery needs. Our debt collection rates are transparent as you can see below.
Beware of collection agents that offer you a service that is free unless they collect. The reality is that most debt collectors have hidden fees including legal fees. How much do you provide for free?
Client Joining Fee $25.00
Pay this once only, it is a set-up fee, but as an added bonus provides you with free internet access to your debts via WebCollect.
Buy your commission rate
Score Debt Collection offers you four different rates to choose from. The rate you buy determines the commission rate that will apply to all debts you place in the future. These rates provide for FREE demand letters, telephone demands and solicitors’ letters. For full details of our commission refer to our terms and conditions.
| RATE A | No Handling Fee | RATE B | $20.00 Handling Fee per debtor |
|---|---|---|---|
| Debts $100 to $500 | Commission 27.5% | All Debts | Commission 10% |
| Debts $500 to $1000 | Commission 20% | Min Commission pre payment | $10.00 |
| Debts $1000 to $3000 | Commission 15% | ||
| Debts over $3000 | Commission 12.5% | ||
| Min Commission per payment | $15.00 |
*Rate B is the cheapest option on debts $115 to $2000 if the debt collection is successful.
| RATE C | $50.00 Handling Fee per debtor | RATE S | Annual Renewable Subscription $250 |
|---|---|---|---|
| All Debt Sizes | Commission 8.5% | Debts $100 to $500 | Commission 15% |
| Min Commission per payment | $7.50 | Debts $500 to $1000 | Commission 10% |
| Debts over $1000 | Commission 8.5% | ||
| Min Commission per payment | $5.00 |
*Rate C is the cheapest on debts over $2000 if the debt collection is successful.
*Rate S up to 20 debts free annually then $15 per debt No joining or handling fees apply in Rate S
*Consider Rate S if you are likely to have 12 debts over $115.00 - or - 5 debts over $2000 annually
Recover our fees? YES - providing you have a signed written agreement with the debtor allowing for you to recoup any debt recovery costs in the event of a payment default. Just add our fees including a commission calculation to the debt before you place it with us.
Ancillary Fees
Billed without referral to you – If you have a valid address and phone number then it is unlikely that the next 2 fees will apply…
| On-Line Location Fees | $5.00 each (usually no more than 3) |
| New Address Fee | $50.00 if we provide you with a new address |
Billed Strictly on your approval only
| Company Search | $35.00 per name | Business Search | $40.00 per name |
| Index Search for real estate | $35.00 per search | Title Search on real estate | $65.00 per title |
| Bankruptcy Search | $65.00 per name | ||
| Field Call Metro All States | $85.00 | Field Call Regional | $105.00 (Remote areas POA) |
Field Calls are personal visits to an address to affect debt recovery, confirm residency, and assess their status.
| External Tracing of Missing Debtors | |
|---|---|
| No Find $50.00 | |
| Positive Location $195.00 | (Positive Location includes the new address fee) |
Legal action - Strictly on your approval only
As debt collectors we have a put together a panel of expert solicitors throughout Australia that are experienced in debt recovery. As such we are able to issue legal proceedings and any subsequent enforcement action anywhere in Australia.
The costs of issuing legal action are paid for by Score Debt Collection but will be billed to you for your immediate reimbursement to us. If the defendant pays; or does not defend the proceedings (enabling you to obtain a court judgment against them); then the majority of costs are awarded against the defendant. As such you have the opportunity to have those costs reimbursed. If a matter is defended then the court will determine the matter and usually award costs, including the costs of conduct of the defence, to either the plaintiff (you) or the defendant. A lost defence may mean you need to pay our fees and the defendants’ costs too.
Accounting Issues
Trading terms – 14 DAYS
Statement / Invoices issued within 5 days of the end of the preceding month
Statement Balances must be paid within our trading terms
Money collected is deducted from money owing
Early statement requests attract a fee of $25.00
No Individual invoices issued per debtor or service
Administration fees apply for late payment
