In 2007, we developed a Portfolio Acquisition department that allows us to utilize our years of experience in arena of automotive collections. We purchase written-off auto loan debt in the State of Ohio from both dealers and automotive finance companies. Our objective is to utilize years of experience in the automotive debt collection industry to purchase auto receivable charge-offs and repossession deficiencies from established banking and automotive dealers. We believe by utilizing our collection infrastructure to purchase bad debt, this relationship can benefit both parties. This process will allow the banking institution or dealer to turn losses into cash quickly with little work on your end. The process is so simple that we might elect to establish a forward flow relationship so we can purchase your written off debt on a monthly or quarterly basis. We base the purchase price on accuracy of account information, the enforceability of the contract and the age of the receivables. Once our due diligence is complete, we utilize the above criteria to negotiate a price that is advantageous to all parties. Our infrastructure allows us to collect this type of paper quickly and efficiently; meanwhile you avoid the added cost of personnel and other expenses. If you have any additional questions please contact Ben Stefanovski at 614.856.1088, thank you for your interest.
5 Reasons why you should sell your charge-offs to CCC.
Turn your uncollected receivables into cash quickly
Reduce your staffing and overhead
Improve the bottom-line of your company
Focus time and energy on profitable areas of your business not charge-offs
Develop a long-term partner that treats you fairly
Central Mississippi Credit
2001 Creek Cove Suite B
Brandon, MS 39043
P.O. Box 790
Brandon, MS 39043
Phone: (866) 443-0877
Fax: (866) 443-0760 admin@coccfinancial.com
Credit Department
Mon-Fri 8:00-6:00 (CST)
Saturday 9:00-5:00 (CST)
We know that sometimes bad things happen to good people. If a bankruptcy, divorce or other life event has left you with less than perfect credit, we can help! Our professional and caring network of dealers will guide you through the entire car buying process.
