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Global Credit Systems offers some of the most competitive rates in the industry. Rates are slightly higher for secondary accounts.

Contact us to discuss our preferred rate programs which are based on volume, age of accounts and account balances.

We also offer a 2% discount when accounts are submitted to us electronically.


Global Credit Systems accepts accounts with a Minimum balance of $50.00. They must have valid documentation and be within Statute.


The collection industry saved the average American household $351 in 2005. This amount represents dollars households would have spent if businesses were forced to raise prices to cover bad debt. The annual savings is the average household equivalent of 19 bags of groceries, 155 gallons of gas, or more than four months of electric bills. (Source: "Value of Third-Party Debt Collection to the U.S. Economy: Survey and Analysis," PricewaterhouseCoopers, June 2006.)

The $39 billion returned to creditors in 2005 represented a 22 percent reduction in private sector bad debt for the year. (Source: "Value of Third-Party Debt Collection to the U.S. Economy: Survey and Analysis," PricewaterhouseCoopers, June 2006.)

Debt Collection Industry News
House Passes Bankruptcy Bill

The House vote virtually guarantees the bill will become law. Soon after the House vote, President Bush said in a statement that he would sign the bill. That could happen as early as next week.

IRS 'Out Sourcing' Debt Collections
...
the go-ahead to begin contracting out to private debt collection agencies (search) to go ... so far unsuccessfully, against farming out debt collection. ... 


Articles
A Collection Agency With Heart

By Bill Glose

Skip Tracing Fundamentals
By Chris Nightingale, President, Global Credit Systems, LLC

 

Industry Websites:
WWW.INSIDEARM.COM
 

WWW.ACAINTERNATIONAL.ORG



Global Credit Systems, LLC offers a collections service agreement for referrals and leads that become clients of our collection agency. Contact us to receive 5% of all past due accounts receivable we recover for a client we sign from your referral for the life of their contract with us. Larger clients who place more accounts receivable for bill collection can provide you with a significant passive income stream.


Global Credit Systems, LLC will provide expert location information and skip tracing for a variety of companies needing this service. We can devise a custom tailored program that would be just right for your organization. Please call 804 521-4009 for more details.
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