Fees

Payfor Charges on a “No Win – No Fee” Basis

Therefore if we do not collect for you, there is no Payfor fee. Payfor charges according to a staggered commission structure which depends on the age and amount of debt. This is quite typical of the industry and Payfor’s rates are designed to be extremely competitive.
Close up picture of hands touching a tablet
Close up picture of hands touching a tablet
Payfor Charges on a “No Win – No Fee” Basis

There is no risk to using Payfor’s services as we only charge commission based on what we collect.

Payfor’s fee schedule is a commission-based rate card with different percentages calculated on the amount of the claim, age, and location.

The average fee we charge is around 15% for a debt that is under six months old. If the debt is for a larger sum (above £100k), the cost is lower depending on the age and location.

The average fee we charge is around 15% for a debt that is under six months old. If the debt is for a larger sum (above £100k), the cost is lower depending on the age and location.

£4.9k and below: 30%
£5k – £99.9k: 15% – 20% 
£100k – £499.9k: 10% – 20%
£500k – £999.9k : 7% – 18%

£1m+: Bespoke rate

After you register with Payfor and onboard as a client, you will be able to receive our detailed fee schedule to understand the exact fee relevant to your case.

Please contact us to arrange an initial call or meeting to discuss your case and start the New Client Onboarding process.

*The specific fee for your case will be given to you during your first meeting before you onboard as a client.

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