Triton College Board of Trustees Meeting Agenda April 2026
Credit Collection Partners Takes Over Triton Collections
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Description
The Board approved Credit Collection Partners as Triton College’s collection vendor through assignment of the existing March 19, 2019 agreement, effective April 22, 2026. The firm will continue collection of ineligible Illinois Debt Recovery accounts at 20–25% commission on amounts recovered without upfront fees.
Contract Details
Contract Amount
Commission-based: 20% for new placements, 25% for second placements; FY 2025 commissions approximately $65,205 under prior vendor
Vendor
CREDIT COLLECTION PARTNERS
Agency
Triton College, IL
Contract Type
FINANCIAL_SERVICES
Document Date
April 21, 2026
Contract Term
Effective April 22, 2026 (assignment of March 19, 2019 agreement; ongoing)
Renewal Info
Assumes existing 2019 contract terms from CCB Credit Services with no change to commission structure; no explicit termination or renewal date specified in the addendum.
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