TrueAccord

10 statements across 1 episodes · 5 bullish · 0 bearish · 1 people on the record · first statement Sep 17, 2019 by Ohad Samet · said 30 times in 1 episodes since 2019 · across every show →

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Everything said about TrueAccord, oldest first

Sep 17, 2019 positive
Assertion Not checkable as stated
TrueAccord Crosses $75 Million in Total Recovered Debt Since 2014
“We are, we just crossed about seventy five million dollars in recovered money.”
Ohad Samet Sep 17, 2019 ▶ 15:34 1515 TrueAccord Passes $10m in Revenue Helping Banks Recover $40m+ in Defaulted Payments Over last 12 months
Sep 17, 2019 positive
Assertion Not checkable as stated
TrueAccord Estimates $40 Million in Debt Recovered Over Past 12 Months
“I don't remember the number. I think it's about forty million. I mean, we're just, you know, we're accelerating, so obviously the majority of it is in the past 12 months.”
Ohad Samet Sep 17, 2019 ▶ 15:47 1515 TrueAccord Passes $10m in Revenue Helping Banks Recover $40m+ in Defaulted Payments Over last 12 months
Sep 17, 2019 neutral
Disclosure
TrueAccord Does Not Sue Debtors or Report to Credit Bureaus
“You know, we don't sue people. We don't report to credit bureaus.”
Ohad Samet Sep 17, 2019 ▶ 7:12 1515 TrueAccord Passes $10m in Revenue Helping Banks Recover $40m+ in Defaulted Payments Over last 12 months
Sep 17, 2019
Disclosure
TrueAccord has raised almost $40 million in total capital
“Almost forty million dollars.”
Ohad Samet Sep 17, 2019 ▶ 11:59 1515 TrueAccord Passes $10m in Revenue Helping Banks Recover $40m+ in Defaulted Payments Over last 12 months
Sep 17, 2019 positive
Assertion Not checkable as stated
TrueAccord Reaches Over 4.3 Million Debtors Representing Billions in Debt
“So we're talking about more than 4.3 million consumers, Billions of dollars in debt, and it just continues to grow and grow and compound.”
Ohad Samet Sep 17, 2019 ▶ 16:22 1515 TrueAccord Passes $10m in Revenue Helping Banks Recover $40m+ in Defaulted Payments Over last 12 months
Sep 17, 2019
Disclosure
Samet: Upwork and Yelp use TrueAccord for debt collection
“We're being used by, we have Upwork that's doing services. They use us. We have Yelp.”
Ohad Samet Sep 17, 2019 ▶ 2:58 1515 TrueAccord Passes $10m in Revenue Helping Banks Recover $40m+ in Defaulted Payments Over last 12 months
Sep 17, 2019 positive
Disclosure
Max Levchin is an investor in TrueAccord
“He's one of our investors and someone that I learned from a lot.”
Ohad Samet Sep 17, 2019 ▶ 18:45 1515 TrueAccord Passes $10m in Revenue Helping Banks Recover $40m+ in Defaulted Payments Over last 12 months
Sep 17, 2019
Disclosure
TrueAccord charges a 25% to 30% cut on recovered debt
“It's about 25 to 30%. Depends on the age of the debt and kind of complexity and so on.”
Ohad Samet Sep 17, 2019 ▶ 12:57 1515 TrueAccord Passes $10m in Revenue Helping Banks Recover $40m+ in Defaulted Payments Over last 12 months
Sep 17, 2019 positive
Assertion Not checkable as stated
TrueAccord claims an NPS of 60 in debt collection
“We have a net promoter score of 60.”
Ohad Samet Sep 17, 2019 ▶ 1:31 1515 TrueAccord Passes $10m in Revenue Helping Banks Recover $40m+ in Defaulted Payments Over last 12 months
Sep 17, 2019 neutral
Disclosure
TrueAccord charges flat monthly fees or a percentage of recovered debt
“With very small companies, we have a little bit of a monthly fee, but once you get to a certain size, it's mostly percentage of recoveries, yeah.”
Ohad Samet Sep 17, 2019 ▶ 9:24 1515 TrueAccord Passes $10m in Revenue Helping Banks Recover $40m+ in Defaulted Payments Over last 12 months
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