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PAST-DUE
COLLECTIONS
GOALS
Our collection goals / standards look like this: • Thursday Close 7+ Total Past-Due Percentage is
2.9% or less: This is probably the second most
• Monday Open Past-Due Percentage is 20.9% or important collection standard you can achieve each
less: This means that when your store opens up week. By the close of business Thursday, less than
Monday morning, less than 21% of your customers 3% of your store’s / route’s BOR can be seven or
missed their payments that Saturday. more days late. WELCOME & ORIENTATION / TRAINING ROADMAP
• Thursday Close Total Past-Due Percentage is 11.9% • Saturday Close Past-Due Percentage (Saturday
or less: This means that by the close of business Card Close) is 5.99% or less: This means that by the
each Thursday, less than 12% of your store’s / close of business each Saturday, less than 6% of
route’s BOR is allowed to be past due. your store’s / route’s BOR is allowed to be past due. INTRODUCTION TO ACCOUNT MANAGEMENT / PAST-DUE COLLECTIONS GOALS
NOTE: Again Locally Owned and Operated Rent-
7+ A-Centers may operate with different collection
standards. See your franchise owner or store
manager for your open/close and collections
guidelines.
SATURDAY
DAILY GOALS
There are collection goals for each and every day, but we track these four to determine your
performance. Partner with your store manager to list each day’s open and close collection goals:
MON TUE WED THU FRI SAT
OPEN %
CLOSE %
7+ DAY
CLOSE %
199 200
200
Drive_First_Gear_vF2-0_Day3.indd 200 7/9/2015 4:01:13 PM

