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American Collector's Association statistics show "The NATIONAL RECOVERY RATE" for Collection Agency's is 18% of ALL DOLLARS PLACED FOR COLLECTION LBCC's SINCE 1961, LBCC has an OVERALL RECOVERY RATE = 44.4% The following chart is an example of what this means dollar wise (based on a placement of 150 accounts a month, with average balance of $500.00, totaling $900,000.00 a year).
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