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What does it Cost?
Commission rates from as low as 10% of monies collected.
| Original Debt Amount $ | Commission Rate % | *What you receive % |
|---|---|---|
| Over $20,001 | 10% | 90% |
| $10,001-$20,000 | 12.5% | 87.5% |
| $5,001-$10,000 | 15% | 85% |
| Under $5000 | 25% | 75% |
| Under $150 | 35% | 65% |
*Assumes full GST recovery
- Prushka's recovery service is totally
No Recovery- No Charge - All you pay is commission on monies collected.
- There are no hidden costs. If we don't collect, you don't pay anything.
- Send us one overdue account or one hundred because there is no obligation on you to use us exclusively or to commit to anything. If you don't want to continue using us, you don't have to.
- Minimum commission for any debt is $30.25, which is payable only once, after at least $30.25 has been collected.
- Rates may be higher for judgment debts, liquidator's debts and residential tenancy debts.
Subject to our Terms and Conditions.
Example:
If you send us an overdue account for $11,000 and we collect $9,000
| Collected | $9,000.00 |
| We deduct commission calculated at 12.5% + GST | $1,237.50 |
| We send you | $7,762.50 |
| You get a GST credit | $112.50 |
| Your net recovery | $7,875.00 |
There are absolutely no hidden charges. This is what you get.
Effective for all new debts received from 18th August 2011
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