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Posts Tagged ‘ bad debt ’

Transform collections unit from a cost centre to a profit centre

February 8th, 2013
Posted in Credit Risk Management . Identity and Fraud . Payments and Collections

Collections as a process has evolved from the traditional idea of just collecting dues. Nowadays modern Collections is a combination of science and art.[ READ MORE ]

Are lenders becoming too lenient?

November 23rd, 2012
Posted in Payments and Collections

In the hope of strengthening customer relationships before the next market boom, many lenders have taken a proactive approach to dealing with customers struggling under the backlash of the recession, offering leniency on payment terms and allowing payment holidays. [ READ MORE ]