G Financial Services, Inc. always works
on a contingency basis, if we do not collect your money, you don’t owe us a dime.
When your company places an account for collections There is Absolutely No Upfront Fee.
Working with GFS, Inc. is 100 Percent Risk Free.
Schedule of Fee's
Primary Placements
Primary placements are defined as
accounts that have never been placed with a collection agency by Client or any prior holder of the account being
placed, and located within the United States. Contingent fee percentages are based on the age of the account as
of the date of placement. For purpose of determining the age of delinquency, the last date of sale or
service is used.
Under 90 Days
18%
90 - 365 Days
25%
1 - 3 Years
30%
3 - 5 Years
40%
Over 5 Years
50%
Accounts under $1,000
35%
Secondary Placements
Secondary placements
are defined as accounts that have been placed with one collection agency by Client or any prior holder of the
account being placed prior to placement with GFS.
All Secondary Placements Regardless of Age
35-50%
Returned Merchandise Fee Client will give 100% credit for all merchandise
returned for purposes of calculating fee due GFS.
Normal fee
Cancellation Fee A fee
will be charged on any account that is inappropriately cancelled or due to interference from client
once G Financial Services has been retained. Cancellation fee will be full fee due or 15% of balance. Waiver of Cancellation Fees will
be waived based upon just cause at the sole discretion of GFS