Tell the average person you’re part of the collection industry and you will receive a common response…UGG! Today I’m going to share with you how debt buyers actually add value to the individual debtors we ultimately service.
Imagine this: You’re a typical debtor and I contact you regarding the $1000 debt you owe. You understand that you have a moral and legal obligation to pay but unfortunately you’ve fallen on some hard times and there is no way you can possibly pay the debt in full. After discussing your current financial situation we determine that you can afford to pay us $50 a month for 4 months. Once the forth payment is received, we will report your credit as “Paid in Full” to the appropriate credit agencies and help to get your credit back on track.
Think about what just happened. We took your debt and settled it for $200 or only 1/5 the face value. Imagine you owed $10,000 and we were willing to settle it for only $2000 and in addition let you pay $200 a month for 10 months. Wouldn’t that sound extremely valuable? We believe it is assuming you are going about your collections in a socially responsible way which is a requirement here at Ropay Asset Investors.
At Ropay we believe that a company’s true worth is determined by how much more they provide in value then they receive in payment. Debtors are generally scared and not sure how to get out of there current situation. By treating them with dignity and respect, explaining the collection process, settling their debts for a fraction of what was originally owed and reporting their debts as “Paid in Full,” we provide a very worth while service.
Find out how you can”Do Good and Make Money.” Contact us for details.