How do you make money?
We charge 1% of the debt value upon successful recovery.
What is the average collection rate offered by the agencies?
9.99% of the recovered value upon successful recovery
What does “No Win, No Fee” mean?
It means that we only invoice you if the debt is successfully recovered. If only a part of the original amount is collected, the agency’s fees is calculated on the partial amount. See the example below:
| Debt Value | % Collected | Average Agency Rate | Collection Hub’s Fee | You get: |
| € 12,500.00 | 100% | 9.99% | 1% | € 11,126.25 |
| € 12, 500.00 | 90.00% | 9.99% | 1% | € 10,001.13 |
How can I “save up 50% on collection fees”?
By comparing quotes from all our collectors, you can always choose the best offer. Often the lowest bid is only half the highest one.