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Dim81 I think we are are on the same page but here's how I see...

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    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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