Collections

Over the years, we've learned that there are a lot of creditors out there that are happy with their existing third party placement process, but want to add a unique approach to realize higher liquidation rates. Our AgencyPlus program allows them to continue their standard placement processes while using Jefferson Capital's Payment Rewards program.

Why it works.

This collections approach appeals to consumers who have not responded to previous traditional collections efforts by offering them a unique set of rewards that nobody else offers.

• We start by using our proprietary models developed by data scientists to identify accounts most likely to respond.
• These same data scientists rely upon our extensive database of historical results to ensure success. They do this by creating optimal payment plans tailored to fit each consumer's ability to pay.
• We offer account holders incentives to make regular payments on time, including a debt reduction credit and the opportunity to apply for a credit card upon successful completion.
• Not only is this a consumer friendly approach, but it also results in program participants making more timely payments than other collections strategies.

Our Payment Rewards program is a non-traditional approach to consumer recoveries that only Jefferson Capital provides. Its focus is on providing an extremely consumer-friendly collections experience that also results in enhanced liquidation rates for our clients. Not only does it provide consumers who complete the program with a debt reduction credit, but it also offers them an opportunity for a new beginning in their consumer finance journey.

How it works.

Your account holders are provided an invitation to participate in the Payment Rewards program. The invitation includes three components:

• Affordable monthly payments
• A debt reduction credit
• The opportunity to apply for a credit card

Upon successful completion of the plan, we apply the debt reduction credit and waive the remaining portion of their account balance. We also offer them the opportunity to apply for a credit card. The program encourages good consumer payment behavior through valuable rewards that no other company offers.