Dim81 I think we are are on the same page but here's how I see the CC percentage will work
Credit clear has a mantra off not buying debt and from my understanding CSS don't buy it either they manage it. Please see attached link
https://www.csssolutions.co.za/recoveries/
So I will work through an example of how I got to a 10% commission
- Debt pool is $100 million
- Successfully Collect $50 million with the digital solution
- Total Success fee 25% equalling (12.5million) split say CSS 60% / CC 40%
- CSS Commission 60% of 12.5 million = 7.5 million
- CC Commission 40% of 12.5 million = 5 million (which is where I got the 10% commission figure, I am working CC % off the total pool collected)
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