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Report: #923834

Complaint Review: National Asset Management - Internet

  • Submitted:
  • Updated:
  • Reported By: ysrho — Villa Rica Georgia United States of America
  • Author Not Confirmed What's this?
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  • National Asset Management PO Box 840 Internet United States of America

National Asset Management nationalmanagement.net Waist of time, Internet

*Consumer Suggestion: Be Realistic
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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.

This report was posted on Ripoff Report on 08/07/2012 02:39 PM and is a permanent record located here: https://www.ripoffreport.com/reports/national-asset-management/internet/national-asset-management-nationalmanagementnet-waist-of-time-internet-923834. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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#1 Consumer Suggestion

Be Realistic

AUTHOR: Mary - (United States of America)

SUBMITTED: Monday, February 25, 2013

POSTED: Monday, 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.



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