Debt Recovery
Debt Recovery
Debt Recovery
Debt recovery is the procedure of recovering debt payments owed by people or businesses. Subsequently, the organisation that specializes in debt collection is called a collection agency or debt collector. So, if you wish to become a debt recovery specialist then this exam is a really good choice for you to enhance your skills and validate your expertise in this field.
Table of Content
• Debt Collector Types
• Process of Debt Recovery
• Methods for Reducing Bad Debt Recovery
• Debt Collection Techniques
• Challenges that Impact Debt Collection Operations
• Understanding Debt Collection Agency Functions
• Techniques of Debt Collection Agencies to Recover Debt
• Components of Effective Credit Policy
• Debt Settlement Negotiations
• Understanding Cash Flow Management
• Credit Control System Set-Up
• Examples of Credit Risk Modelling
• Factors that Affect Borrowers’ Credit Risk
Debt Recovery FAQs
Who is the target audience for this exam?
• Students and Graduates
• Financial enthusiasts
• Debt collectors
• Debt recovery agents
What skills are required for this exam?
• Quick thinking
• Good communication skills
• Problem-solving ability
• Basic knowledge of debt collection
What are the responsibilities of a debt recovery professional?
• Making calls to debtors
• Collecting past bill payments
• Recovering debts
• Providing expeditious adjudication
What is meant by debt recovery?
Debt recovery is the procedure of recovering debt payments owed by people or businesses. Subsequently, the organization that specializes in debt collection is called a collection agency or debt collector.
What is the course outline of this exam?
• Debt Collector Types
• Process of Debt Recovery
• Methods for Reducing Bad Debt Recovery
• Debt Collection Techniques
• Challenges that Impact Debt Collection Operations
• Understanding Debt Collection Agency Functions
• Techniques of Debt Collection Agencies to Recover Debt
• Components of Effective Credit Policy
• Debt Settlement Negotiations
• Understanding Cash Flow Management
• Credit Control System Set-Up
• Examples of Credit Risk Modelling
• Factors that Affect Borrowers’ Credit Risk