2016 Brings New Changes to ABC?s Return For Collections Process
The ABC team would like to inform you of a slight change to the way ABC processes your Return For Collections (RFC) accounts.
Beginning in January 2016, all Term and Open End memberships will now RFC at 90 days. Currently, term members are returned for collections at 90 days and Open Members at 60 days. During the month of January and February 2016 the clubs will notice a fluctuation in RFC activity but it will return back to normal RFC levels in March.
The motivation for this change is for ABC Financial to collect more money for the clubs prior to sending your clients into RFC status. Although ABC will be increasing attempts to these open end members, there is no additional cost for the clubs.
If you have questions or concerns please reach out to your Account Executive.
*Some clients have customized RFC schedules so these changes will not apply to them.