I have been reading for several weeks that Service Link, a national document signing company, has been calling notaries asking them to lower their fees in order to stay in their database. I had not received that call until today...
Brittany calls to tell me that they are requesting that I lower my fee to $45 for overnight and $55 for edocs and if I did not lower my fees then I couldn't expect to receive any future calls and that a "ton" of notaries had already accepted this new lower fee. Well, I proceeded to tell her that I could not be a part of that "ton" so I was not accepting their new lower fee schedule and thanked her time before I got off the phone.
Just last week I received an edoc signing from Service Link for $90 so $45 would be an exact 50% pay cut! I do not know who can live off a 50% pay cut but I can not. It is really sad that while these companies still make millions they are attacking the easiest target, the independent notary. I have not made $50 for a loan signing since I first became a notary 7 years ago and I refuse to go backward.
If all notaries said no then Service Link would have no choice but to stop their bullying and pay us what we're worth! I will find another line of work before I accept these kind rates.