Credit Recovery Limited is a progressive Collection business that was founded in 1979. We have experienced continued growth over the years and we have been fortunate to serve over 4500 clients with recoveries in the millions of dollars.
Our company is very well established. Although our main focus for collecting is within the province of Newfoundland and Labrador, our national and international network of affiliates allows us to maintain worldwide coverage.
Our growth has brought with it many improvements in systems, techniques and procedures for serving our clients. We have invested in collection software package known as Debtmaster; this state of the art product was designed to assist collectors in managing their diary of accounts, while maximizing their productivity and effectiveness. These innovations have contributed to our Success and Prosperity.
Our collection strategy is based on specific work plans and requires individuals who are diplomatic and yet assertive. Each person is knowledgeable in the intricacies of each client’s needs as well as debtor responses, questions and requests. All our collectors are familiar with the unique challenges that sometimes present themselves when dealing with a variety of accounts. Our training, monitoring and incentive programs keep them at their best.
Our services include recovery of funds from individuals who have left the area. This service applies equally well to business owners and former business owners who are no longer in the area. Our complete reference library and directories and national affiliations allow us to exhaustively follow-up on all available leads and sources of information. Our company is fortunate to have a association with Transunion which links our clients with one of North American's largest automated credit reporting networks for consumer debtors. This is very powerful collection tool and contributes significantly to our overall rate of success. Of course, we are always careful to strictly adhere to all inter-provincial legislation and guidelines in our endeavors.
We recognize and appreciate that timely and accurate reports are key tools in providing quality service. They are important to us and to our clients. We use the latest computerized techniques to provide comprehensive financial status reports for your analysis. We also commit to working with you to provide any customized qualitative and quantitative reports that you may require.