MEDACO Revenue Solutions is a registered debt collection agency that strives to provide our clients with professional and effective recovery services as we collect commercial and consumer debt for Clients throughout South Africa.
Debt collection agency regulation compliance is extremely important to agency customers, as potential liability issues can surface if the proper protocols aren’t followed when collecting debt. When shopping for a debt collection agency always keep in mind that you can be held liable for any legal errors committed by your collection agency. We will mitigate this risk for you.
Medaco is a registered debt collections firm.
With Medaco, you can expect:
• Upstream advice on documentation, admin and financial procedures;
• Innovative thinking for effective approaches to your credit problems;
• The highest regard for your reputation and good will;
• Strict adherence to all applicable laws;
• Tight controls over accounting practices, and collection procedures;
• A commitment to the latest and best in data processing capabilities; and
• Reporting systems that give you a clear view of your entire collection picture.
Medaco has strong expertise in debt collection as well as a specialisation in automated legal debt collection services. We have our own in-house attorney’s and proprietary system, that automatically follows the legal documentation and communication steps as defined by the:
• Association of Debt Recovery Agents (ADRA)
• Council of Debt Collectors
• Magistrates Courts Act 32 of 1944
Apart from the expertise in Debt Collection and in particular the legal debt collection aspect, Medaco offers significant expertise in, and access to data cleansing, tracking , tracing, verification and confirmation services.
We at Medaco have successfully collected over R300m worth of outstanding debt on behalf of public and private sector organisations.