From: Jon A. Walsh (jwalsh@smcvt.edu)
Date: Thu Jan 13 2000 - 17:35:21 EST
Gang,
I agree! Something is not right with this one. I would use extreme caution
before signing onboard with this particular agency.
Good luck!
Jon A. Walsh, Bursar
Saint Michael's College
(802) 654-2584
jwalsh@smcvt.edu
> ----------
> From: john brown[SMTP:brownjo@bc.edu]
> Sent: Thursday, January 13, 2000 12:40 PM
> To: bursar-l@virginia.edu
> Subject: National Revenue Corporation
>
> I would be careful on this one - I would not recommend putting that
> kind of money up front. If they are only charging 10%, you're going
> to get 10% worth of effort. What guarantees do you have in recovering
> your up front money. John Brown
> On Thu, 13 Jan 2000 11:54:38 -0500 Todd Sparrow <tsparrow@uop.edu>
> wrote:
>
> > Good Morning,
> >
> > The University of the Pacific (Stockton, CA) has been approached by a
> > collection agency that has a pitch that I feel is a little strange.
> >
> > The agency is National Revenue Corporation out of Ohio. They are
> offering
> > to perform collection services for 10%. The catch is that they want
> > debtors that are just 30 days past due. They wouldn't come out and say
> it
> > but it appears that they are trying to provide an outsource solution to
> > internal collections activities. Another "catch" was that they wanted
> > either $9,000 or $18,000 up front to start working accounts. (??)
> >
> > Has anybody heard of these folks? I would be interested if you have.
> > Better yet, if anyone has a working relationship with them, what are
> your
> > thoughts.
> >
> > Thanks,
> >
> > Todd Sparrow
> > Bursar
> > University of the Pacific
> > 209-946-2662
> > tsparrow@uop.edu
> >
>
> ----------------------
> John G. Brown
> Team Leader, Financial Services
> Credit & Collection Specialist
> Boston College
>
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