How Fast Do You Get The Collected Money?
Everyone wants their money as soon as possible. But, the most important factor is that the remittance process is clearly explained in your written contract with the collections agency.
Whether the collection agency remits daily, weekly or monthly is not nearly as important as all the other factors discussed in this article. As long as you are working with a reputable collection agency and their obligations and your rights are clearly spelled out in a written contract, then the timing of receiving payment is not that critical unless you have a huge volume of claims.
How to Select a Collection Agency