How We Are Different

In addition to our proven collection systems, American Agencies has a number of advantages that mean you can count on us:

EXPERIENCED PROFESSIONAL COLLECTORS

We have a collector training program which has developed over our 30 years of experience including training on security issues, federal regulations, debtor psychology, skip tracing, asset location and the latest in collection technology. Our collectors use firm but diplomatic collection strategies designed to maintain goodwill and preserve the creditor's reputation. We recognize it is difficult to antagonize and persuade at the same time. We utilize 3rd party, off-site collection monitors to assure our high standards are met.

CREDIT BUREAU REPORTING

Labor, time, technology and cost make it prohibitive for many companies to directly report their charged-off accounts to the bureaus. The minimum cost for companies to directly report is $50 per month per bureau plus the cost of software (approximately $500).

American Agencies can cause a negative credit report to be placed on all uncollected debt where it will remain until paid for up to seven (7) years. Negative credit reporting has been proven to increase recovery of delinquent accounts.

REAL TIME STATUS REPORTS

American Agencies provides you with a system to manage your accounts on-line. Submit account, create reports, report payments, change status, and even check the status of each account, 24/7. You will find this report a significant asset not only as a complete audit trail, but as a tool for analyzing your Accounts Receivable.

ACCOUNT MONITORING

When your customers have skipped town, and all contact information has been exhausted, waiting and hoping they'll call is not the answer. We use account monitoring to watch your customer on the credit bureaus. Any credit move they make - we know about. With fresh new contact information in hand, our collection efforts on your behalf immediately resume.

Since American Agencies has been handling our bad debt accounts, we have had a higher percentage collected than with our previous collection company, Transworld Systems. We especially like the fact that our accounts are turned over to the credit bureaus, and there is no expiration date. Keep up the good work!