Collection Fee Recovery Options

Save money with free collection fee recovery option
Add back a portion of collection fees to the account balances 
    submitted to CMI
You determine the amount added with the collection fee
    –either a fixed account or a percentage of outstanding balance

CMI can add dollars to your bottom line with our free “collection fee recovery” option.  This program allows our clients to reduce their cost of collection by adding back a portion of their collection fees to customer account balances.

CMI does not receive a percentage of the “collection fee recovery,” and best of all, our studies indicate 50-60% of customers will pay the increased amount.

Depending on the laws governing your state, this may be an excellent way to recover a significant portion of your cost of collection.