Outstanding Collections will charge a fee for debt collection. This fee is based on the amount of the overdue account and is calculated according to the commission rate scale set out in the table below:
Debt Amount |
Commission Rate |
$0.01 – $1,000 | 20% |
$1,001 – $2,000 | 15% |
$2,001 – $50,000 | 10% |
$50,000 + | Negotiable |