CU Collections is dedicated to helping credit unions reduce the cost of loan collections while creating an efficient, yet affordable collection program. A successful collection plan requires a well-trained and well-informed staff, which can be costly for a credit union to administer in-house. Our program is competitively priced as a collection alternative that will reduce or eliminate the costs and headaches of in-house collection efforts.
Our pricing model is based on a flat fee schedule for total outstanding loans. We believe pricing based on delinquency rate provides a disincentive to reduce your credit union’s delinquency.
À la carte
In addition to our Full-Outsource Collections, we can provide pricing on a fee for service basis. By supplementing your current collection department with after hour collections, filing proof of claims or repossession services, you will be able to free up your collectors time to work on more difficult cases.
Specialty Repossession Service
We offer a license plate recognition service that is used for hard to find vehicles that have not been able to be found by traditional means. You only pay if we pick up the vehicle. This service is available to our Full-Outsource clients as well as our À la carte clients.