Third Party Collection Fees - You Only Get What You Pay For

Collection agencies (and Solicitors) sometimes offer very inexpensive rates, special discounts, a 99p letter, or a 'no collection, no fee' service.

'No collection, no fee' is a dangerous option for obvious reasons. Reputable debt collection agencies usually make charges on a commission basis. Commission isn't as expensive as it used to be - but it can still amount to quite a chunk of your debt, particularly for overseas collection.

Reputable Solicitors usually have a standard scale of charges. Many of them hope to recoup all or a proportion of their fees from the interest that has accrued on the debt, and the costs that are awarded automatically whenever proceedings are issued.

Either way, you will only get what you pay for - and cheap is never a really cheap option.