Freds Go Into Recycling
In the worrying economic climate that is being faced in Britain today, any initiatives that can make a difference are always welcome, this includes many well know phone recyclers such as Mazumamobile, Envirofone, Fonebank,.
The debt recovery company, Freds.com Group are offering debtors a very different approach to lowering their debt, by encouraging the trading in of old mobile phones. In an innovative move, they have joined forces with ShP Limited who will receive the unused devices from the client and dispose of them.
This on line system works by people logging into the Freds web site, then providing details of the mobile they want to redeem and a figure is brokered inreturn for recycling. ShP Ltd will be notified of the agreed amount. They will send this on to Freds.com, once the device has been checked in by their staff. After which the clients Freds.com debt is then reduced accordingly.
Whilst the environmental benefits are clear, the provision for debtors to reduce outstanding arrears is a very positive step. With other debt recovery companies likely to follow this example, already the newly set up procedure seems to be making it’s mark.
