BFREETHE ROLE OF QUALITY MONITORING IN LOAN COLLECTIONIn the intricate realm of loan collection, quality monitoring plays a pivotal role in ensuring ethical practices, maintaining compliance…Aug 22, 2023Aug 22, 2023
BFREEThe Psychology of Debt Collection: Strategies for Effective Communication and Negotiation.It’s a scene that’s all too familiar for many customers: the phone rings, and on the other end is a loan collector demanding payment. For…May 25, 2023May 25, 2023
BFREEAUTOMATION VS HUMAN DEBT COLLECTION — WHICH IS MORE EFFECTIVE?Garry Kasparov, the 1997 World Chess Champion and chess grandmaster, faced off against IBM’s Deep Blue supercomputer on May 11, more than…May 16, 2023May 16, 2023
BFREEWhy Outsourcing Collections Makes Good Business Sense And Benefits Lenders.The greatest challenge for lending institutions has been the high rate of payment defaults. This high default rate drives lenders to invest…May 16, 2023May 16, 2023
BFREEFAIR DEBT COLLECTION PRACTICESThe calls were relentless and unending, with approximately 20 calls per day. He would receive calls from the debt collection agency…May 16, 2023May 16, 2023
BFREEComponents Of A Good Credit Report: What Lenders Look Out For.Have you ever tried to get a loan only to have your application turned down?May 16, 2023May 16, 2023
BFREENo Credit VS Bad Credit.Establishing a good credit history is crucial in today’s world. Lenders are more willing to lend money to individuals with a long and…May 16, 2023May 16, 2023
BFREEEthical Credit Collection Benefits You As a Lender.Debt collection can be a daunting process for both lenders and borrowers. The traditional approach to debt collection involved…May 3, 2023May 3, 2023
BFREELOAN REPAYMENT: A GAME OF WILLINGNESS VS CAPACITY TO REPAY.Which is more crucial in loan repayment? Willingness or capacity to repay? Keep your response handy as we dig deeper into this question.May 2, 2023May 2, 2023
BFREEPREDATORY LENDING PRACTICES; HOW TO IDENTIFY AND AVOID AN UNFAIR LOAN.Sarah’s trouble began after the COVID-19 pandemic. Lacking the capital to restart her business and the collateral security to obtain a loan…May 2, 2023May 2, 2023
