Our Fees

The commission we charge on debts collected is as per the below Commission Rate Table.
The percentage charged is set on the debt amount you hand to us to collect.
Vic Collect do not accept disputed debts. Please note that an inability for a debtor to pay because of financial constraints, is not classified as a disputed debt.

$100 - $1,000

Commission Rate

20%

$1,000.01 - $5,000

Commission Rate

15%

$5,000.01 - $20,000

Commission Rate

10%

Over $20,000

Commission Rate

5%

Debts over two years old attract an additional 5% commission on top of the above rates.

VCAT orders and commercial rental arrears all attract a 20% commission charge. We do not perform residential rental arrears debt collection.

Example 1

We collect a $2,500 debt for you. You are charged 15% commission.

Example 2

If you hand us a $1,500 debt and for some reason we can only recover $900, you are charged 15% commission on the $900 amount paid (not 20%).

Example 3

You accept a payment arrangement from a debtor to pay $1,000 per week on a $10,000 debt. The rate of commission charged on each payment is 10%.

Credit Management Fees

Credit Checks

$70

Preparation of a Credit Application

$400

Preparation of a Credit Application
and Personal Guarantee

$500

Miscellaneous Fees

Skip Tracing/Location Agent

-Successful location of debtor

$250

-Non-locate

$150

File Extension Fee
(extra debt recovery attempts)

$100

Field Call (physical attendance at an address)

To be quoted

Please Contact us for Court Fees and Tribunal Fees for all States.

Recovery of Debt Collection Fees

Can you recover the fees we charge you
from your debtor?

Normally, no. You have engaged a third party to perform services for you. Your debtor is not a party to that engagement. HOWEVER, if you have a signed quote, agreement or credit application form which has been signed by your debtor and that quote, agreement or credit application contains the applicable debt collection costs clause, then YES, you may demand payment of your debt collection fees from a debtor.

How can you implement this?

Send us an email with your request and we will contact you to discuss how we can implement a “cost clause” for your business.

Contact Us