We collect and purchase consumer debt portfolios from a variety of originators and resellers.
Types of bad debts collected and purchased
1. Consumer credit
2. Banking
3. Credit card
4. Hire Purchase
5. Retail Credit
6. Secured and unsecured lendings
7. Telecommunications
8. Utilities
9. Medical
10. Commercial
11. Insurance
Why should you sell your bad debts to Collection House?
Immediate Cash Flow: By selling your bad debt, you will turn non-performing accounts into working capital without having to wait for debtors to pay their bills. We have the experience, process, and financial capability to close purchase transactions efficiently, and we can offer you the terms you need to make a debt sale profitable for your organization.
Reduced Expenses: Selling your debt to Collection House means that you can stop spending your hard-earned capital on collectors, collection agencies and the technology needed to manage those past due accounts until they pay, and instead use it to grow your business.
Reduced Tracking: Selling your bad debt means no more keeping up with accounts as they are collected, both internally and at multiple collection agencies. You only need mark it as sold to Collection House. We have the technology and processes in place to ensure that all accounts are updated the moment the account status changes. In addition, Collection House is committed to providing a high degree of customer care so that your business reputation will be unaffected by our liquidation efforts.
Reduced Liability: Defaulted debt comes with its own set of laws and regulations that govern collection. Selling your debt lets you turn that red mark into a black one without having to think twice about collection laws and compliance. Collection House makes compliance in collections a top priority, so you can rest assured that your business reputation will be protected.
Provides immediate cash for reinvestment
Reduces holdings and servicing costs; minimizes reliance upon collection department personnel
Strengthens balance sheet
Positively impacts stock value
Minimizes your potential liability
Selling accounts is a viable cost effective alternative to securitization
Reduce your administrative costs and the uncertainty surrounding the value of an in-house collections process.
Selling can improve loan-loss and debt to equity ratios
Eliminates loss through debtor bankruptcy
Why should you sell your bad debts to Collection House?
Immediate Cash Flow: By selling your bad debt, you will turn non-performing accounts into working capital without having to wait for debtors to pay their bills. We have the experience, process, and financial capability to close purchase transactions efficiently, and we can offer you the terms you need to make a debt sale profitable for your organization.
Reduced Expenses: Selling your debt to Collection House means that you can stop spending your hard-earned capital on collectors, collection agencies and the technology needed to manage those past due accounts until they pay, and instead use it to grow your business.
Reduced Tracking: Selling your bad debt means no more keeping up with accounts as they are collected, both internally and at multiple collection agencies. You only need mark it as sold to Collection House. We have the technology and processes in place to ensure that all accounts are updated the moment the account status changes. In addition, Collection House is committed to providing a high degree of customer care so that your business reputation will be unaffected by our liquidation efforts.
Reduced Liability: Defaulted debt comes with its own set of laws and regulations that govern collection. Selling your debt lets you turn that red mark into a black one without having to think twice about collection laws and compliance. Collection House makes compliance in collections a top priority, so you can rest assured that your business reputation will be protected.
Provides immediate cash for reinvestment
Reduces holdings and servicing costs; minimizes reliance upon collection department personnel
Strengthens balance sheet
Positively impacts stock value
Minimizes your potential liability
Selling accounts is a viable cost effective alternative to securitization
Reduce your administrative costs and the uncertainty surrounding the value of an in-house collections process.
Selling can improve loan-loss and debt to equity ratios
Eliminates loss through debtor bankruptcy
