Compare Debt Collection Prices in 2025
Instantly connect with debt collection agencies anywhere in the United States and compare prices from local suppliers.
When unpaid invoices stack up, businesses face serious cash flow challenges. That’s where professional debt collection services come in. These agencies specialize in recovering overdue payments while maintaining customer relationships and complying with industry regulations. Whether you need help with consumer debt, commercial debt, or even international collections, the right debt collection service can help you recover revenue efficiently without damaging your reputation.
How Much Do Debt Collection Services Cost?
Debt collection pricing typically falls into two models:
| Pricing Model | Typical Range |
|---|---|
| Contingency Fee | 20% – 50% of the collected amount |
| Flat Fee (Pre-Collection) | $10 – $50 per account |
- Contingency Fee Model: You only pay if the agency successfully collects the debt. The harder the debt (older or larger accounts), the higher the fee.
- Flat Fee Model: Best for newer, smaller debts. You pay a set amount upfront regardless of success.
Tip: Older debts (over 180 days) generally cost more to collect and may incur higher contingency rates.
Debt Collection Outsourcing Benefits
Wondering how you get the ROI from outsourcing company debt to a collection agency? Here are a few benefits:
- Greatly increase payment fulfillment rate
- Legal protection from FDCPA experts
- Full documentation and transparency
- Get paid faster
Resources
Enjoy our many resources to help you find answers to commonly asked questions such as:
How Much Does Debt Collection Outsourcing Cost?
How Much Does Medical Debt Collection Outsourcing Cost?
How do Debt Collection Agencies Bill for Services?
Best Debt Collection Agencies of 2023
Advantages and Disadvantages of Hiring Collection Agencies?
Debt Collection Buyer’s Guide
Here are key factors to consider before choosing a collection partner:
- Industry Experience: Choose a firm familiar with your business type (e.g., healthcare, B2B, retail).
- Compliance: Ensure the agency is compliant with laws like the Fair Debt Collection Practices Act (FDCPA) and HIPAA (for healthcare).
- Recovery Rate: Ask about average success rates for accounts similar to yours.
- Reputation: Look for agencies with positive reviews and no history of harassment claims.
- Technology: Modern agencies offer client portals to track collections in real time.
- Fee Transparency: Understand all potential costs upfront.
- Customer Service: A professional tone with your customers can preserve your brand reputation.
Comparison Table: Debt Collection Service Features
| Service Provider | Best For | Fee Model | Technology Access | Industry Specialization |
|---|---|---|---|---|
| Atradius Collections | B2B Collections | 25% Contingency | Client Portal | Manufacturing, Tech |
| The Kaplan Group | Healthcare | 35% Contingency | Limited Access | Medical Billing |
| Summit Account Resolution | Small Businesses | $15 Flat per Account | Full Dashboard | Retail, Startups |
| Prestige Services, Inc | International Claims | 30% Contingency | Client Portal | Imports/Exports |
Note: Always compare multiple agencies before signing a service agreement to ensure you get competitive rates and high recovery performance.
Alleviate Business Debt
Collecting on delinquent accounts is a costly and time-consuming task that requires human capital investment, technological expertise as well as compliance with regulations. By outsourcing this job you can free up resources for other important projects while still meeting all obligations in regards to customer satisfaction. Debt collection features include:
- First and third party representation
- Debt collection letters
- Skip tracing
- Multiple consumer payment options
- Omni channel communications (phone, text, email)
Improve Cash Flow
Discover how a bill collector solution improves your cash flow and complete AR collections by streamlining the debt collection process. Furthermore, it help you to maintain a positive relationship with customers while integrating customer service best practices into every aspect of this important job.
We know that collecting your debts can be a hassle, but we’re here to help! Trained collectors will use letters and phone calls or email in an effort reach out-of town delinquent borrowers. Even if you’re small sized company – our goal is still for those who owe money for a legitimate reason honor their obligations.
FAQs
Q: How soon should I send an account to collections?
A: Ideally after 90 days past due. Waiting longer decreases your chances of recovery.
Q: Will using a collection agency hurt my customer relationships?
A: Professional agencies prioritize maintaining respectful, lawful communication. Choose an agency known for tactful handling.
Q: Can debt collection agencies report to credit bureaus?
A: Yes, but only if the agency offers credit reporting services and follows legal procedures.
Q: What is the average success rate for debt collection agencies?
A: Success rates range from 20% to 60% depending on the age and type of debt.
Q: Are there debts that collection agencies won’t accept?
A: Some agencies decline very small balances (under $50) or debts outside their specialty areas (e.g., international collections).
Top Debt Collection Companies
Atradius Collections
Headquartered in Amsterdam, Netherlands, Atradius Collections operates in over 30 countries, specializing in international B2B debt recovery. They are part of the Atradius Group, a leading global credit insurer. Atradius is ideal for companies managing cross-border transactions, offering multilingual support and local legal expertise. Their transparent pricing model, strong compliance with international regulations, and ability to handle complex international claims make them a top choice for businesses expanding globally.
The Kaplan Group
Based in San Luis Obispo, California, The Kaplan Group focuses exclusively on large commercial debt collections. Founded in 1991, they cater to B2B companies with debts typically over $10,000. Known for their in-depth investigative techniques and custom collection strategies, they maintain a 85% success rate on viable claims. Their personalized approach, use of licensed attorneys when necessary, and no upfront fees make them a strong partner for high-value debt recovery.
Summit Account Resolution
Located in Fort Wayne, Indiana, Summit Account Resolution specializes in healthcare, dental, and education sector debt collections. Founded in 1996, they are HIPAA-compliant and maintain an A+ rating with the BBB. Summit prides itself on ethical, customer-focused collection practices that protect client reputations. They offer advanced reporting tools and a transparent recovery process, making them an excellent option for organizations needing sensitive handling of personal debt accounts.
Prestige Services, Inc.
Headquartered in Lincoln, Nebraska, Prestige Services, Inc. has been offering debt collection services since 1996, focusing mainly on small to mid-sized businesses. They provide U.S. and international collections and offer a user-friendly client portal for real-time updates. Prestige stands out for having no upfront fees, a straightforward contingency model, and excellent customer service. They’re particularly strong in B2B collections across industries like manufacturing, distribution, and wholesale trade.
Transworld Systems Inc. (TSI)
Founded in 1970 and based in Wilmington, Delaware, Transworld Systems Inc. is one of the largest U.S.-based collection agencies. TSI serves a wide range of industries, including healthcare, education, and government. They provide early-stage collections (first-party) and traditional third-party collections, with a strong emphasis on automation and digital tracking. Their advantages include scalable solutions, low-cost pre-collection options, and national coverage, making them ideal for companies managing a high volume of accounts.
About the Author
Cynthia Reeves has over 18 years of experience in commercial finance and debt recovery solutions. As a senior industry advisor and contributor for Kwote Advisor, she specializes in helping businesses choose reliable, compliant service providers to maximize cash flow and minimize risk.