What does the average recovery business make per year roughly?

Answer:
primary account 33% secondary account 50%;

there are plenty of secondary accounts; so its a good place to start; what you collect; you get 50%;

most secondary collection agency collects in low teens; double digit; some single digit;

so?; if you think you can do better than that; go for it;

you need to know fair debt collection practices act; its law tells you want you can canot do; in nut shell?;

you can't tell about the debt to 3rd party if debtor is over 18; without debtor's consent; 2 you cannot publish it on newspaper; or post card; you cannot call after 9 pm; or befor 9am; of debor's time; you cannot keep calling back; its considered harrasement; >>

learn to let go; there are other accounts; learn to make debtor feel guilty; by arguing moral standard; most effective; on secondary accounts;

if debtor jerks you around move on; if you don't know how to handle it;

piece of cake; walk in the park;

you only good as yesterday;

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First answer by Eco99. Last edit by Nthdot. Contributor trust: 31 [recommend contributor recommended]. Question popularity: 141 [recommend question].