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Collection skills
VARIOUS METHODS are available to credit-disbursing agencies to recover their bad debts. The best route, however, is to get back what is due to you and retain the customer too, according to a new website.
Coming at a time when questionable methods are allegedly being employed by financial institutions to recover bad debts, the website Collection Skills. com promises to provide a new direction. It is devoted to providing necessary skills for collection of bad debt, which if left lightly could become a potential source of bankruptcy. According to Gerard Assey, chief executive of the website, "the only one in this part of the world to be listed in the Collections and Credit Risk Magazine", will conduct programmes in leading cities on professional training skills for collection of bad debt.
By Ravi Kumar N
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