Conrad Acceptance Corporation | Conrad Credit Corporation | Conrad Asset Team
The Conrad Academy | Conrad Education Foundation | Approval One
Conrad is a group of companies headquartered in San Diego, CA. Conrad was founded in 1989 and ownership has remained unchanged over the past two decades. The companies have diversified into a variety of nationwide industries. The Conrad Companies were built with the philosophy that the only two assets of any service organization are its clients and employees. Through Conrad’s growth and diversification, that philosophy remains. Conrad's complete accounts receivable management group provides a “one stop shop” for all aspects of receivable management, from point of sale to servicing, purchasing of qualified consumer contracts, default collections and litigation.
5 Reasons to Outsource to a Collection Agency
1. Submitting your defaulted accounts to a professional collection agency can mean less work and less in-house costs for your company. Handling the phone calls, collection letters, and administrative duties to successfully recover your revenue can be exhausting. A collection agency that specializes in these tasks can save you a great deal of time and money.
2. Contacting consumers who have defaulted on their accounts can simply mean more income for your business. Allowing a collection agency to consistently contact consumers who are past due will provide a strong leveraging system to assist in tracking down what is owed to you.
3. Consumers are more likely to pay off their debt knowing that they will be reported a credit bureau. Having a past due account on your credit report can greatly affect a credit score in a negative way, which many consumers try to avoid.
4. Taking further action can prove to be worthwhile. When litigation may be necessary, a company such as Conrad Asset Team has the tools necessary to take more aggressive action.
5. Collection letters, collection calls, and an online pay portal are many times a standard package when utilizing a collection agency. With Conrad Credit Corporation, the Client has access to a secure online portal where they are able to run reports and view the status of their accounts.
