TekCollect.com Reviews – Legit or Scam?

TekCollectTek Collect is a collections agency that employs at home workers to collect debts, rather than establishing a brick and mortar call center.  This is a common type of telecommuting position, as any job that needs only a phone and a computer to complete the work is easy to do from home.

Tek Collect appears to be a third party collection agency, which means that they enter into contracts with companies to collect their debt for them for a fee.

Tek Collect has often been seen advertising on CareerBuilder, Monster, and other employment websites, as well as has placed ads in various metropolitan newspapers.  Their ads ask for

“highly motivated Sales Professionals to Fast Track into Sales Management. First year earnings range from $75k to $150k. Second year earnings well into six figures. Senior Sales Managers enjoy mid to upper six-figure income.”

So is TekCollect a Scam?

Unfortunately, the hiring processes of Tek Collect definitely raise some serious warning flags.  For example, their ads imply that they are searching for employees, when the truth is that Tek Collect only hires independent contractors.  Independent contractors receive no benefits from their employment, and no taxes are taken out of their paychecks, as well as no payments into Social Security or retirement plans.

But this doesn’t mean that you are exempt from taxes – if you take a job as an independent contractor, you need to save your own money in order to pay your taxes out of pocket at the end of the year, because your company still reports your earnings to the IRS.

Another warning flag is that Tek Collect requires people to pay $350 for their training program, with the promise that the money will be refunded to them once they reach a particular level of closed accounts.  Unfortunately, Tek Collect contractors claim that, despite what you are led to believe when you are hired, it is almost impossible to reach that level of closed accounts and therefore your money is very rarely refunded.

Now, hiring contractors instead of employees is not a scam. Many companies do it. And requiring people to be trained or even to invest money in supplies before being hired for a legitimate telecommuting position is not a scam either. However, pretending that you don’t do these things in convince employees to work for you is a serious problem.

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Customer Responses, Reviews, or Complaints

Average Rating for " Tek Collect " is 0 out of 5 based on reviews.
  • This Company uses a presentation booklet on sales calls. In the booklet, they have a money back guarantee drawn on Chase Bank. They teach you how to close sales using this guarantee. One of my prospective Clients called Chase Bank in Columbus Ohio and they new nothing about it.They were also told that Tek Collect is no longer doing business with them .This can't be legal.
  • We use Tek-Collect to collect our past due accounts and now I wish we didn't have a contract with them. So many things wrong with this company I don't know where to begin. First, they have 2 phases of collections the first phase they dont charge a percent of the payment that was receive they only have a flat rate charge/set up fee. The second phase they charge a percentage of I believe 30% regardless if they collect it or you collect it. They are supossed to get aproval when transfering from one phase to another ... but they don't!! They make changes on there end like the amount i reported as pastdue and the total amount of the they loan. The amount they can collect fees on is only from the amount I report as past and not the total amount that the account owes us. They changed the past due amount that was only so much to the total amount of the loan which was not past due. So now we have to pay 30% on over 15,000.00 when we only reported to them to collect on a little over $1,000. WTH?? And they wont even change or reverse a payment that we received and reported to them and then payment bounced so we never got the money and they bill us for 30% of a payment that we never even received funds on. Please I could go on and on ... DO NOT USE THIS COMPANY FOR YOUR COLLECTIONS OR YOU WILL REGRET IT!!
  • TekCollect came to us on the premise that they would go in stages and collect overdue balances. We did not receive any money through TekCollect. The sales rep was very convincing until we signed to use their services. Then she mysteriously disappeared. Use your money more productively, either on a reputable collection agency or an attorney specializing in collections.
  • I just received notice that Tek collect is attempting to collect from us. My husband and I spent over 4 hours listening to music on the phone and never got to speak to a person. If Tek Collect wants to get money from people, they should answer the phone!!! This is exceptionally frustrating for us since this is actually a case of identity fraud and we need it cleared from our records. We have not received any correspondences from the original company nor Tek Collect. If I had a business, I would not employ Tek Connect to collect money for me. I would never see it judging by the customer service, or lack thereof, to which I have been treated.
  • For some reason this mostly a few people with very little knowledge throwing stones at a company and the people there performing some tough work. We have Reviewopedia here ribbing a good company to pitch his own wares, a kid who does not grasp marketing 201, and "barney fife" with sour grapes because he isn't selling ice in the desert and paid for failure. TekCollect is a good opportunity for both a business who wants to maximize the #1 driver of cash flow and the eager professional rep who has the moxie to actually inform the business he/she has the solution!

    BTW, I am a six year 1099 with 712 clients........ Go on keep crying, it will help you succeed in business just like on TV. How are those soap operas going any way?
    • Yah and you sit on your butt and do shit cause we use your company to collect our past due accounts and we received only a couple hundred dollars for your collection efforts. Then we have to pay you for collection that we have done on our own. I have seen many of our accounts sit ofr a whole year and noting was done except for being transfered around from one desk to another at your company. Not a single collection call or letter was placed... Your company is just a scam and I wish we didn't have a contract. You guys add in your own payments when noting was pais just so you can collect the 30% fee. And you don't even train us how to use your system or have any instructions or ways to contact if we have a question on account. And GOD forbid we make a mistake and post a payment wrong .... hell it never gets corrected but you will continu8e trying to collect on it even if we posted in in error.... DO NOT USE THIS THERE COLLECTIONS PRACTICES SUCK AND YOUR BETTER OFF TRYING TO COLLECT IT YOURSELF!!
  • !- I have been involved with collections since 1960 first as a field representative (collector) with MAJOR corporations. Entered sales and became involved in business equipment leasing. Owned my own collection agency in the mid 80's and involved in the mortgage industry from late 90's till 2008. Understand every aspect of the collection industry from collecting, repossessing, skip tracing to underwriting credit and sale of the service. TekCollect has the most sophisticated system on the market and it's services are custom designed for each business. Their ad on Career Builder was very straight forward and the recruiter was equally honest and direct in his representation of his company and product. My check on the company and it's history was easy and actual call to BBB in Columbus verified all I needed.

    What I see in these reviews are timid, lazy, ignorant people that are afraid of the hard work that is required to acheive 6 figure incomes. So they cry about a base salary that was NOT IMPLIED OR PROMISED anywhere in a job description. So if you are looking for a base salary position, Walmart is open in many locations 24 hours.

    If you are looking for OPPORTUNITY and the responsibility to determine your own income, consider a TekCollect, insurance industry, Real Estate, mortgage broker, or start your own business. If not, cry to Obama and write your 'woe is me - it is their fault' reviews of those companies that actually pay you for your true efforts.
    • Spoken like a true corporate crook! Why did you get out of the mortgage business in 2008? Couldn't you find anymore government loan programs to sell to unqualified people? Now your bugging the same people you already screwed once. Debt collectors are scum, your no different regardless of what industry you bounce between.
  • After watching local news in Kansas city i would not use tekcollect. Tek collect appears to be a scam. Tek collect is likely a scam.Dont hire tekcollect
    • They will make you pay an upfront fee of $350 to work for them and promise you that once you collect so much money they will give it back to you .... Bunch of Bull!! Furthermore this company never really hires you as an employee ... instead you are hired as an independent contractor and you will have to pay all of your own taxes on what you make or at the end of the year you will be screwed with IRS!! Please people dont work for this crappy company... seriously it is not worh it . You will make more money at flipping hamburgers at Mcdonalds!!
    • they offerd me a job why do you say they are a scam [email protected]
    • I'm considering working for this company, can you shed more light as to why you perceived them as a scam and would not hire them?
  • OK, my review is actually for cap360.net which I was told at the interview was part of TekCollect. They charge the same start up fee and are also all commission and claim they use the name Cap360 when doing sales but TekCollect for collections (and they make it clear that all sales, checks to employees (contractors) and marketing is done under the name Cap360). I asked about other names they operated under and was told that none existed. I was told either they have been around around 30 years or had one business relationship-I forget which one-for 30 years. Yet another website claims tekcollect was around since 1999 --soooo I am not sure how a 30 year history of any kind is possible. I tried to find different info on the BBB site but they have only been on file (under tekcollect) since 2006. There is no cap360.net info to be found. The ratings w/BBB are good (assuming it's the same company) at B or A+ depending on which entry you pull up (they are both out of OH which is apparently the company's HQ) I still need to contact the chiropractor's association and Chase Bank to see if I can find out more about this relationship they have w/Tek-Collect (aka TCI, TekCollect and Cap360.net). I hate to say anything is crooked unless I know more. If anyone else has anything please post it here. I am saving this link to my favorites. Thanks.
  • I work for TekCollect. Yes, I am an independent contractor. Most positions in the U.S. are this way. I love the company and the work. TekCollect helps businesses collect on the money that's owed to them. They do this better than any agency out there. It's a shame that TekCollect gets their image smeared because some low-skilled, inexperienced, money grabber looked at a 6 figure job on Monster and got scared by it.



    TekCollect has delivered every promise they made to me...including the up front fee. There's always a cost of doing business. By the way, that fee paid for all my sales materials including personalized business cards. Is TekCollect a scam? Absolutely not.

    • THIS BUSINESS IS NOT BBB ACCREDITED

      TekCollect

      This is a direct copy from the BBB website.
    • It seems like TekCollect only hires the classiest people out there since everyone that "works" for the just calls people names for giving the company a poor rating. Betsy Smart says the company is an a+ business with the BBB. Check the BBB website. TekCollect is not an accredited business with the BBB. I will admit I have never interviewed with TelCollect but anyone that thinks a legitimate company would require $350 upfront just for training materials is going to get scammed. If a company is turning people over so often they want to charge for training materials they might need to re-examine their hiring process.
    • Mark is acting like a well paid employee when actually he is a manager. contractor my butt
    • p.s. Tek Collect has an A+....A+ rating with the BBB. It says right on the BBB Website they have been in business since 2001. Instead of you people blowing hot, useless steam, why dont you spend your energy actually accomplishing something worthwhile.
    • It's a shame some people dont know a good thing when they see it...you are stupid people trying to act smart. It just so happens Tek Collect is very legitimate; in fact, they are an endorsed vendor of the Pennsylvania Dental Association. If you dont believe that either, here's the link: http://www.padental.org/Content/NavigationMenu/ResourcePrograms/EndorsedVendors/default.htm
    • Mark,

      What part of the country do you live in?

      I met with Reg Mgrs in MD; would enjoy more insight from a contractor.

      Tom C.
  • There are promises that don't add up here. Doesn't work that way. Don't be fooled
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