These terms and conditions are, wherever possible, in accordance with the law, but where a term of use contravenes statute, then the law will prevail.
You acknowledge that in the event that a debt is recovered, CollectIT Ltd will receive it’s commission as outlined when loading the debt and on the authority to act.
You have engaged the services of CollectIT Ltd and agree to pay their commission as outlined when loading the debt and on the authority to act, should your debtor refuse to pay these whether or not the debtor is legally liable.
You undertake to inform CollectIT Ltd immediately if you receive any communication and/or payment from the debtor. You will pay CollectIT Ltd’s commission within 7 days of receiving payment should the debtor pay you directly. You acknowledge that CollectIT Ltd reserves the right to charge interest of 15% per annum on any outstanding commission owing by you to CollectIT.
Failure to make payment on any invoices when due will result in interest (15% per annum), collection costs and solicitors fees being on-charged.
If you accept a lesser sum in settlement of the debt then the commission as outlined when loading the debt and on the authority to act is payable on that lesser sum.
Should you accept settlement of the full amount of the debt by means other than money ie. swapping of services, Bartercard etc, commission will be payable to CollectIT Ltd on the full amount of the debt.
Should you accept settlement of any portion of the debt by means other than money, ie. swapping of services, Bartercard etc the commission is payable on that portion of the debt.
You understand that CollectIT reserves the right to reject at anytime during the process, debts presented for collection that do not meet with its criteria and/or contain incorrect, false or misleading information.
In the event that a debtor commences repayment and you wish to uplift your file and take over the repayments by the debtor, your file is unable to be uplifted until either the debt is repaid in full by the debtor and CollectIT has taken its’ commission plus GST. Alternatively you pay to CollectIT the full commission on the entire debt plus GST as if the debt had been repaid in full.
CollectIT reconciles all payments from debtors after the end of each month. Creditor payments are then processed following reconciliation. Creditor payments outside these dates will incur a $20 administration fee which will be deducted from payment.
CollectIT Limited reserves the right to amend these terms and conditions from time to time. Such amendments are effective immediate upon inclusion in this website.
You agree to ensure that registration details are true and accurate.
This website and information continued in it is intended to provide accurate and adequate information relating to the subject matter of the material in the website. However, the accuracy and the adequacy of the information is limited by the size of the publication. Nevertheless, all information contained in the website has been written, edited and published and is made available, strictly on the bases that CollectIT Limited, it’s directors, shareholders, servants, agents and assigns hereby disclaim any liability to any person using the website in any way for damages in respect of the use of the material on its website or reliance in part or in full arising out of the use of the contents of the website contents for any purpose howsoever. You utilise the contents of the website at your own risk.
This disclaimer does not exclude liability arising under statute.
You must take your own precautions to ensure that the process you utilise for accessing the website does not expose you to any potential computer software virus or any other form of interference which may damage your computer system. CollectIT Ltd does not accept responsibility for any interference or damage to your computer system which might arise in connection with use of this website.
You may not transfer or assign any rights or obligations under this agreement to another person without the written consent of CollectIT Limited.
These terms and conditions are governed by the Laws of New Zealand. You agree to submit to the exclusive jurisdiction of the Courts of New Zealand and in particular, if any action is to be taken between you and CollectIT Limited, then the Court which is to be used is Hamilton, New Zealand.
The content of this website is the property of CollectIT Limited. The information contained in this website is provided to the subscriber of the website under licence agreement. It is against the Copyright Act 1996 to copy the information onto any medium except as specifically allowed in the licence agreement. No part of this product or any other peripheral documents may be reproduced or transmitted in any form or by any means electronically or mechanical, including photocopying and recording for any purpose without the express written permission of CollectIT Limited.
The doing of any unauthorised act in relation to a copyright work may result in civil claim for damages and criminal prosecution.