All accounts will be entered into our system and acknowledgments sent within 24 hours of receiving accounts. The following will be included in your acknowledgment to ensure accuracy:
- Name of debtor
- Financial Data Systems account number
- Your account number
- Balance of account
Once we have verified the accuracy of the accounts, they will be downloaded to our mail supplier and the debtor will receive their first validation letter within a few days. The first follow-up call from our professional collectors will occur within fourteen days of the debtor’s mailed validation letter. After contact with the debtor, an arrangement will be made to satisfy the outstanding debt that will benefit the debtor, the client and FDS. During the entire process collections calls will continue to be made by our professional collectors. Utilizing our state of the art DAKCS software, Financial Data Systems automates and prioritizes all accounts, saving both time and money for all involved.
Learn more about our unique approach to collections.