Complaint Review: Jefferson Capital Systems LLC. - St. Cloud Minnesota
- Jefferson Capital Systems LLC. 16 McLeland RD. St. Cloud, Minnesota U.S.A.
- Phone: 800-3483381
- Web:
- Category: Collection Agencies
Jefferson Capital Systems LLC. Misleading to its clients and customers... St. Cloud Minnesota
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just so anyone hoping to due business with this company knows, they talk a lot of big numbers but dont follow through. if you assign debt to them, they will settle for less than 50% of what you assign them and thats one the very few accounts that they do get any collections out of. the mom and pop looking website should have been my first tip off, that this company doesn really care and they hold all the money to influence thier portfolio and not thier customers bottom line. after investing a lot of time and money with the company, i got very little back and felt completely like my time had been wasted. i have since moved all my business to Transworld Systems and have been completely happy. i recomend all current customers doing as such as well. www.transworldsystems.com - below is what they talk about on thier website and ill tell you the truth as it comes...
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Call 1-800-281-0988 Today!
Jefferson Capital Systems, LLC has developed innovative, non-traditional debt recovery solutions that are customized to help support and augment your current collection strategies. Our goal is to help you become more profitable. And the process begins with offering you more money upfront.
Get More For Your Accounts Upfront
In fact, our program pays much more than the current market price for every account that accepts our innovative offer, and pays additional compensation based on file quality and referral volumes.
Presenting Our Jefferson Capital Systems, LLC Fresh Start Solution Balance Transfer Program
You'll find that the Fresh Start Solution Balance Transfer Program, developed by Jefferson Capital Systems, LLC, is a very powerful, time-tested collection tool with unparalleled results. It motivates non-paying accounts into a repayment plan through the opportunity to receive a new credit card.
Here's how it works for you:
Upon program commencement, your customer is offered the oppurtunity to qualify for a credit card through outbound collection calls and direct mail.
Upon acceptance of the offer, the balance of the customer's existing debt is transferred to the new account.
After receiving one qualifying payment, Jefferson Capital Systems, LLC will purchase the account.
Plus, all phone and address updates on accounts that we return back to you are provided at no cost.
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TRUTH- the card that they issue never gets established and then they re open the already existing credit file on the people making it even harder for you to get the money that they are owed. again you settle for a very small amount of what you originally turned over to them and dont really recover the cost of the materiels involved.
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More Flexibility
Call 1-800-281-0988 Today for a FREE, No Obligation Analysis of Your Portfolio
When you partner with Jefferson Capital Systems, LLC as a debt recovery solution provider, you'll discover that our Fresh Start Solution Balance Transfer Program is far from a cookie-cutter approach. Our integrated team of experts will develop a customized strategy for your portfolio to meet your financial goals.
Our multiple program types and operational flexibility allow us to maximize program value while minimizing client processing and support costs. In addition to being highly flexible, we've developed many unique, proprietary methodologies through years of real-world experience.
Enjoy Innovative Product and Debt Recovery Solutions
Our programs are designed to go above and beyond the standard solution. We specialize in consumer credit card debt, retail and private label cards or bank and finance company lines of credit. Plus, we are now expanding our programs to include a wide variety of charged-off products including telecom, healthcare, and utilities. But you'll also discover we'll design programs to meet the most challenging recovery efforts from low balance debts to those aged six plus years from the first delinquency. And we dont stop at just direct mail balance transfer offers.
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TRUTH-
most of their so-called experts are high school kids who cant even speak properly and are quite honestly a joke. i can see why none of my money was ever collected
More Experience
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TRUTH-
My axx. young kids, young company, waste of time and money-
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Get the Partnership that Pays You More, Call 1-800-281-0988 Today!
Accounts Receive Outbound Collection Calls for Better Results
Our custom solutions include supplementing our direct mail campaign with skilled outbound collection efforts. Our experienced outbound as well as inbound associates are second to none in the debt recovery industry. And the results are clearly demonstrated by increased returns to our partners.
You'll find our customized debt recovery solutions are supported by experience unparalleled in the industry.
Work with One of America's Most Significant Receivables Buyer
Over the past 10 years Jefferson Capital Systems, LLC has become one of America's leading receivables buyers purchasing almost $5 billion in debt. In addition to our robust balance transfer programs, we have also developed end-to-end full service Chapter 13 recovery programs with account purchases totaling over $400 million. But our debt recovery experience is just part of our story.
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TRUTH-
they talk about what they purchase here, not what they collect.
the agency only collected on about 13% of all debts assigned to them.
of the 13% they DID collect on, they kept anywhere from 40 - 50%, and/or
negotiated with the debtors to pay a smaller part instead of the amount -that -was assigned.
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More Value
Call 1-800-281-0988 Today!
Our main goal is simple: We'll help add more to your bottom line by buying more accounts from you at a higher price. How do we accomplish these goals? By implementing proven strategies with proven results that deliver you more value in less time.
Enjoy Faster Liquidation in As Little As 45 Days
The old adage that time is money is especially true for debt recovery. With our time-proven solutions comes a great deal of predictability. When you work with Jefferson Capital Systems, LLC, you'll discover that our operational efficiencies and proprietary methods not only pay off, they pay off quickly. As a result, you'll enjoy faster liquidation of your accounts that we referred for our Fresh Start Solution Balance Transfer Program.
In many cases, you'll have your files returned in as little as 45 days so your collection strategies don't have to miss a beat. Plus, we use proprietary methods to uncover new address and phone numbers.
Take Advantage of Proven Performance
When your files are returned, you'll find them updated with all current contact information. So, whatever information we gained about your accounts is immediately shared with you in a format and process that works best for you.
What is the bottom line of the Jefferson Capital Systems, LLC Balance Transfer program? You'll find our typical recoveries are in excess of 40% over conventional recovery streams without cannibilizing performance for non-responding accounts. And that's why 5 of the top 10 debt buyers are already using our program!
So if you want More Profit, More Flexibility, More Experience and More Value with your debt recovery efforts, Jefferson Capital Systems, LLC's balance transfer program is your solution.
Truth in collections
Johnston, Iowa
U.S.A.
This report was posted on Ripoff Report on 03/28/2008 01:01 PM and is a permanent record located here: https://www.ripoffreport.com/reports/jefferson-capital-systems-llc/st-cloud-minnesota-56303/jefferson-capital-systems-llc-misleading-to-its-clients-and-customers-st-cloud-minnes-321951. 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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