Professional Collections Commission Rates
Note: Please Note: All prices are GST exclusive.
How Commission is Calculated:
If we recover $15,000.00, we charge on a scale rate according to the table below. The more we collect the less you pay:
|Monies Collected Commission Rate|
|$0.01 to 1,000.00||25% on the first $1k|
|$1,000.01 to 5,000.00||20% on the second portion|
|$5,000.01 to 10,000.00||15% on the third portion|
|$10,000 and over||10% on the balance|
Total commission charged on $15k is $2,300.00 (average of 15% plus GST).