Collection Rate Schedule

No fee until a collection is made

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American Credit Association of Indiana

800.888.4359 ¨ 317.262.3050 ¨ 317.636.5720 fax

Collections

ACAI’s internet Collection Software allows you to view claims placed and send instant messages to your collector.

The Collection Process:

Choose from these ACAI Collection Services:

Standard Service—a 10 day free demand letter

Immediate Action—Direct to our professional collector or to local counsel

Free Collect—(Member only service) ACAI sends 3 demand letters at 7 day intervals.

Aggressive phone contact begins after the free demand period. You will be kept advised of our progress and we will neither compromise your claim nor enter into a payment plan without your approval.

When situations warrant, your claim will be forwarded to legal representation.  Local counsel will work on a contingent fee basis and No legal action will be taken without your authorization.

You may place your account online with our Placement Form

For more information contact your local ACAI representative Steve Smoak  or Lisa Wheat.