A fire protector's experience
…I am pleased to see that MoneyQuest has been doing a wonderful job for us. I thought you would like to know how [we feel] about your service.
I know collection agencies do not recover very much money and they do far worse when it comes to balances the size of our items (average [balance of] $63.00).
MoneyQuest re-wrote the book and has recovered about 87% of all the money submitted [by us] for collection. If we eliminate the few bad addresses, we are talking 92%. That is excellent considering they average six months in age, and the typical agency would not make more than a contact or two and for a far greater cost.
Being a relatively small firm, it is nice to submit the delinquencies and really not have to worry about the consistent follow up. With your service, we know the debtors will be contacted a minimum of 7 times including the attorney contacts. I frankly don’t have time to do that many [contacts] on my own.
Finally, it still amazes me…that we get an attorney and the credit bureau involved for a cost that averages only 10%. I am happy to have them…because I believe that is a major reason for your superior performance.
Feel free to use this reference letter when someone needs a little something to solidify his or her decision. We are quite pleased with your results and [your] availability to answer our questions.
