It was 1950 when Frank McNamara of New York's Hamilton Credit Corporation came up the idea of giving affluent businessmen a convenient way to charge business-related expenses. The original Diners Club card was pasteboard with the customer's name on one side and a list of the twenty seven restaurants that accepted it on the other. The first plastic cards came out in 1955 creating a whole new way of monetary exchange

 

Rates

Collection Rate: 

  • 30% collection fee for new placements (contingency)
  • 40% if the file had been previously placed with another agency (file must be closed with other agency).  
  • If legal action against the debtor is initiated by us, the rate will increase to 50%.  

NO COLLECTION -- NO CHARGE!!!