{"id":6139,"date":"2023-08-22T12:36:58","date_gmt":"2023-08-22T12:36:58","guid":{"rendered":"https:\/\/alwadiholding.com\/aw-egypt\/?p=6139"},"modified":"2023-08-22T12:36:58","modified_gmt":"2023-08-22T12:36:58","slug":"what-makes-the-best-debt-collection-agency","status":"publish","type":"post","link":"https:\/\/alwadiholding.com\/aw-egypt\/what-makes-the-best-debt-collection-agency\/","title":{"rendered":"What Makes The Best Debt Collection Agency?"},"content":{"rendered":"<p><span style=\"color: #000000;\">When studying the market to find the<\/span> <a href=\"https:\/\/alwadiholding.com\/aw-egypt\/\">best debt collection agency in Egypt<\/a><span style=\"color: #000000;\">, it&#8217;s easy to feel overawed by names and information. However, you can narrow down your search and find a reliable debt collection partner, by carefully weighing some key aspects.<\/span><\/p>\n<p><span style=\"color: #000000;\">Remember, taking the time to research and compare different agencies will ultimately lead to better results and peace of mind.<\/span><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_69_1 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/alwadiholding.com\/aw-egypt\/what-makes-the-best-debt-collection-agency\/#The_Debt_Collection_Field\" title=\"The Debt Collection Field:\">The Debt Collection Field:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/alwadiholding.com\/aw-egypt\/what-makes-the-best-debt-collection-agency\/#Reputation_and_Trustworthiness_of_the_Debt_Management_Agency\" title=\"Reputation and Trustworthiness of the Debt Management Agency:\">Reputation and Trustworthiness of the Debt Management Agency:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/alwadiholding.com\/aw-egypt\/what-makes-the-best-debt-collection-agency\/#Positive_Testimonials\" title=\"Positive Testimonials:\">Positive Testimonials:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/alwadiholding.com\/aw-egypt\/what-makes-the-best-debt-collection-agency\/#Consider_the_Debt_Collection_Agency_Fees\" title=\"Consider the Debt Collection Agency Fees:\">Consider the Debt Collection Agency Fees:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/alwadiholding.com\/aw-egypt\/what-makes-the-best-debt-collection-agency\/#Debt_Recovery_Success_Rate\" title=\"Debt Recovery Success Rate:\">Debt Recovery Success Rate:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/alwadiholding.com\/aw-egypt\/what-makes-the-best-debt-collection-agency\/#Debt_Collection_Procedure\" title=\"Debt Collection Procedure:\">Debt Collection Procedure:<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"The_Debt_Collection_Field\"><\/span><span style=\"font-size: 14pt;\"><strong>The Debt Collection Field:<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"color: #000000;\">To find the right<\/span> <a href=\"https:\/\/alwadiholding.com\/aw-egypt\/\">debt management agency<\/a><span style=\"color: #000000;\"> for your needs, it&#8217;s essential to assess your business requirements carefully. Consider factors like the industry of the majority of your debtors, whether the agency is specialized in those industries, and if their expertise aligns with your specific debt portfolio (e.g. account types, debt sizes). By doing so, you can choose a debt collection agency that best suits your unique situation and maximize your chances of successful debt recovery.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Reputation_and_Trustworthiness_of_the_Debt_Management_Agency\"><\/span><span style=\"font-size: 14pt;\"><strong>Reputation and Trustworthiness of the Debt Management Agency:<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"color: #000000;\">When seeking a reliable<\/span> <a href=\"https:\/\/alwadiholding.com\/aw-egypt\/\">debt collection agency<\/a> <span style=\"color: #000000;\">look for one with a proven track record of excellence and trustworthiness. A reputable debt collector should have at least five years of experience in a specific field, demonstrating their ability to navigate complex debt recovery processes effectively.<\/span><\/p>\n<p><span style=\"color: #000000;\">Additionally, they should prioritize protecting your business&#8217;s reputation, providing exceptional service, and maintaining strong client relationships throughout the debt management process. By choosing a trusted and experienced debt collector, you can ensure that your debts are managed professionally and efficiently, minimizing potential risks and ensuring long-term success.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Positive_Testimonials\"><\/span><span style=\"font-size: 14pt;\"><strong>Positive Testimonials:<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"color: #000000;\">When investigating a<\/span> <a href=\"https:\/\/alwadiholding.com\/aw-egypt\/\">debt recovery agency<\/a><span style=\"color: #000000;\">, paying close concentration to their testimonials is a vital step.<\/span><\/p>\n<p><span style=\"color: #000000;\">This can be done by reviewing their website to check if they have a testimonials page, but another way is to head to Google Reviews or look at their LinkedIn page as well to see what customers say about their ventures. Are they reliable? Do they treat clients with respect? Do they deliver honest and professional assistance?<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Consider_the_Debt_Collection_Agency_Fees\"><\/span><span style=\"font-size: 14pt;\"><strong>Consider the Debt Collection Agency Fees:<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><a href=\"https:\/\/alwadiholding.com\/aw-egypt\/\">Debt collection companies<\/a> <span style=\"color: #000000;\">often offer flexible fee plans, such as flat fees, hourly rates, or contingency fees based on the amount collected. Some agencies may also charge additional fees for services like legal proceedings or skip tracing. It&#8217;s crucial to understand the charging plan before hiring a debt collection agency to avoid unexpected costs.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Debt_Recovery_Success_Rate\"><\/span><span style=\"font-size: 14pt;\"><strong>Debt Recovery Success Rate:<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"color: #000000;\">After identifying the top candidates, the next step is to evaluate their recovery success rate. A high success rate in the pre-legal phase indicates a higher likelihood of effective debt collection. For debt collectors that means a higher chance to receive their fees.<\/span><\/p>\n<p><span style=\"color: #000000;\">It&#8217;s easy to have business-oriented lawyers that collect the debt, but that can be lengthy and costly process. Therefore, legal action should always be the last resort. By prioritizing agencies with a strong track record of success, you can increase your chances of recovering debts quickly and efficiently.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Debt_Collection_Procedure\"><\/span><span style=\"font-size: 14pt;\"><strong>Debt Collection Procedure:<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"color: #000000;\">When selecting a debt collection firm, it&#8217;s essential to research their effectiveness. Check their demonstrated collection strategies, techniques, and longevity in the industry. Inquire about their approach to debt collection, their speed of delivery, and their customer base. A reputable company will have a proven track record and employ skilled debt collectors who know what they&#8217;re doing.<\/span><\/p>\n<p><span style=\"color: #000000;\">What are their techniques for debt collection? What type of techniques do they employ to deliver fast outcomes? How long have they existed in the industry? Have they served many customers?<\/span><\/p>\n<p><span style=\"color: #000000;\">All of the above information will assist in locating the best possible debt collection companies. By keeping these aspects in mind, the right fit can be reached.<\/span><\/p>\n<p><span style=\"color: #000000;\">AW Egypt has accumulated years of expertise which greatly help us to develop the<\/span> <a href=\"https:\/\/alwadiholding.com\/aw-egypt\/debt-management\/\">best debt collection services<\/a> <span style=\"color: #000000;\">strategies that take into account every challenge and unexpected turn corporates may face.<\/span><\/p>\n<p><a href=\"https:\/\/alwadiholding.com\/aw-egypt\/debt-management\/\">Best Debt Management Services in Egypt<\/a>\u202f\u202f<a href=\"https:\/\/alwadiholding.com\/aw-egypt\/contact\/\">Contact us\u202fnow!<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>When studying the market to find the best debt collection agency in Egypt, it&#8217;s easy to feel overawed by names and information. However, you can narrow down your search and find a reliable debt collection partner, by carefully weighing some key aspects. Remember, taking the time to research and compare different agencies will ultimately lead to better results and peace of mind. The Debt Collection Field: To find the right[&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6141,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"rank_math_lock_modified_date":false,"_joinchat":[],"footnotes":""},"categories":[1],"tags":[],"class_list":["post-6139","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"jetpack_featured_media_url":"https:\/\/alwadiholding.com\/aw-egypt\/wp-content\/uploads\/sites\/7\/2023\/08\/What-Makes-The-Best-Debt-Collection-Agency.jpg","_links":{"self":[{"href":"https:\/\/alwadiholding.com\/aw-egypt\/wp-json\/wp\/v2\/posts\/6139"}],"collection":[{"href":"https:\/\/alwadiholding.com\/aw-egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alwadiholding.com\/aw-egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alwadiholding.com\/aw-egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/alwadiholding.com\/aw-egypt\/wp-json\/wp\/v2\/comments?post=6139"}],"version-history":[{"count":2,"href":"https:\/\/alwadiholding.com\/aw-egypt\/wp-json\/wp\/v2\/posts\/6139\/revisions"}],"predecessor-version":[{"id":6143,"href":"https:\/\/alwadiholding.com\/aw-egypt\/wp-json\/wp\/v2\/posts\/6139\/revisions\/6143"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alwadiholding.com\/aw-egypt\/wp-json\/wp\/v2\/media\/6141"}],"wp:attachment":[{"href":"https:\/\/alwadiholding.com\/aw-egypt\/wp-json\/wp\/v2\/media?parent=6139"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alwadiholding.com\/aw-egypt\/wp-json\/wp\/v2\/categories?post=6139"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alwadiholding.com\/aw-egypt\/wp-json\/wp\/v2\/tags?post=6139"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}