How it Works

An Instant Return on Your Bottom Line

  1. Professional Portfolio Service purchases delinquent consumer credit accounts, such as medical receivables, credit cards and bank loans, directly from originating creditors and acquires the legal rights to the accounts.
  2. We collect on the accounts using our debt collection affiliate, Professional Credit Service (PCS). PCS has decades of experience in the collection industry, as well as unmatched customer service. PCS employs professional and ethical collections efforts, ensuring that your company image and client relations are protected while we collect on the accounts
  3. Our clients receive full payment for their debt portfolio up front, without having to worry about collecting on the individual accounts or waiting for monthly trust checks. Rest assured that our collectors will treat your customers with the same level of respect that you do.

 


Common Markets

Charged Off Medical Accounts

We understand that collecting on past due healthcare accounts requires specialized care. Our debt collection affiliate Professional Credit Service has been providing compassionate healthcare-oriented collections to major healthcare systems throughout the Pacific Northwest for 75 years.

Charged Off Credit Cards

The average U.S. credit card default rate is a staggering 11.17% (Source: Fitch Ratings, May 2010). We understand the particular challenges of credit card debt in today's economy. Contact us about liquidating your assets and selling your charged off credit card portfolio.

Delinquent Consumer Bank Loans

As financial institutions continue to try to de-lever their balance sheets and the securitization market remains at a standstill, one way to generate cash from loans remains through the secondary market. Professional Portfolio Service purchases bank loans including residential mortgages, commercial loans, constructions loans and a variety of other consumer loans.

Businesses to Business Accounts

Your portfolio may include business accounts where the client has gone out of business or filed for bankruptcy. Don't give up on these accounts yet—we can purchase these stagnant accounts and liquidate your lost assets.