About Our Services...

There is no business too small or too large that cannot fully take advantage of the services we provide. Most companies will find that their in-house collection efforts are time-consuming and expensive. It is important to have a procedure in place that turns debt over to the CBAL as soon as the debt has been deemed delinquent. We suggest past due accounts be monitored and turned over for collection when one of the following happens: • The debt has become 60 days past due • You have lost contact with the consumer • The consumer expresses financial issues • The consumer demonstrates bad faith and loses credibility, i.e. has broken a promise to pay you by an agreed upon date The earlier a claim is placed with our office, the greater the chances of recovery are. The CBAL collects nationwide. This service incorporates a mail notification series, a collector call program, credit reporting and litigation. We have found using our system is the most effective in capturing past due money. Our goal is to make contact with the consumer and resolve the underlying issues that are creating the account delinquency. This unique system maximizes recovery and accelerates cash flow faster than other methods. Our recovery rates are the best in the business. All accounts placed with the CBAL are processed within 24 hours. All consumer files are reported to the three National Credit Bureaus (Experian, Equifax and TransUnion) and is updated monthly. We believe our system of mail notification, direct phone contact and credit reporting is the most effective way of collecting your money quickly. There are instances when an account may need our litigation services. Know that we pursue litigation when it is deemed necessary. You will be notified and advised when this situation occurs. There are no costs passed on to you for this service. Building a strong relationship with our clients is a number one priority. The Credit Bureau of Albert Lea is not merely a last resort for past-due accounts; rather we are advisors and partners to your business. We pride ourselves on being available each and every day for your questions and concerns and we offer free debt collection consultations for our active clients. We put forth the effort to understand your specific needs and tailor a collection plan just for you. Rest assured our collection program can be utilized with the knowledge that your image and reputation will always be maintained. There are no up-front costs or fees to collect your delinquent accounts. The Credit Bureau of Albert Lea works on a contingency basis. We collect your accounts or we don’t get paid!