Cost Comparison

CMR Group, LLC. vs. Collection Agencies and/or Lawyers

This chart represents a $10,000.00 delinquent account managed through the tools at CMR Group, LLC. as compared to being placed with a collection agency or lawyer.

Service  CMR Group, LLC.  Collection Agency/Lawyer

 

Membership  $299.00  N/C 
     
Unlimited Demand Letters  Included  N/C 
     
Post delinquent debt to DPH searchable database  Included Not available
     
Email alerts from your CMR Group Watch List  Included  Not available 
     
On-Site Visit  $199.99  N/C
     
Total Charges/Fees  $998.99*  $3,333.00**  
You Keep  $9001.01  $6,667.00  

You Saved $2,334.01 by using CMR Group, LLC. FIRST!

*Includes the PAPC. Once a delinquent account has been Posted, it qualifies for the Paid Account Processing Charge (PAPC). The PAPC is a 5% charge assessed against the amount posted once you mark the debt as 'Paid' in our system.

**Based on the industry average of 33.3% contingency fee. Even if you have a remarkable rate of only 18% from your collection agency, you would still save over $801.01 on this example. Multiplied over your entire quarterly or annual delinquent A/R...

© 2008 Credit Managers Resource Group, LLC