Business Resources

CSO Financial has a debt recovery rate that consistently is above the national average. Of course collectability is affected by the age of the account and the information you provide with the account.

Client remittance checks are sent or delivered during the month following the month in which the money was recovered.

Information is invaluable to the collector working your account. CSO Financial provides an “Account Assignment” sheet that outlines the information we would like to have, if it is available to you. If, after you have sent an account to CSO, you become aware of new information, we encourage you to advise our Client Services staff.

We ask that you limit any communication with the consumer and refer them directly to CSO Financial. If you receive a payment or an offer of payment, again direct them to CSO and/or contact CSO to obtain an accurate payoff amount and send the payment you receive directly to CSO.

All eligible accounts over $50.00 can be credit reported to the three major credit reporting agencies after 90 days.

Advise CSO Financial immediately if you become aware of any bankruptcy proceedings affecting the account you have assigned to us.