;
  • Report:  #923834

Complaint Review: National Asset Management - Internet

Reported By:
ysrho - Villa Rica, Georgia, United States of America
Submitted:
Updated:

National Asset Management
PO Box 840 Internet, United States of America
Phone:
Web:
www.nationalmanagement.net
Categories:
Tell us has your experience with this business or person been good? What's this?
I had about 10 individuals placed with this company for 8 or 9 months. They didn't make 1 collection. Nor did they even give me a status up date. I had to call to request information. Basically they hadn't made any progress at all after all this time. I don't even know if they ever even made an attempt. If you can't collect let me know.

If you're not going to try, let me know. But let me know something. So I finally withdrew the placements. And 3 days later they sent me a bill for $2700. Now they want to collect from me what they didn't collect for me. I guess I owe them my money that they couldn't collect. WHAT! What a rip off. They have lost their minds.


1 Updates & Rebuttals

Mary

United States of America
Be Realistic

#2Consumer Suggestion

Mon, February 25, 2013

I am in charge of AR for a large company, so I understand how non payments can affect the bottom line. I've dealt with dozens of collection agencies over the years, some did well others not so well. Right now I use 3 collection agencies and National Asset Management has consistently out performed the others over the past year. The best advice I can give you is to remember the clients you're dealing with. If these people paid, you would't be looking for a collection agency in the first place. I found out the industry average is only 17%, so if two people paid you'd be getting above average results. I sometimes don't see results for 12 months so you have to be patient. Just remember, collection agencies can only work within the law. Unfortunately, the law limits what they can do. If you send them unemployed people living on welfare where do you expect them to get the money from? I know it's frustrating, but you have to use common sense.



Reports & Rebuttal
Respond to this report!
Also a victim?
Repair Your Reputation!
//