Qualco

NOVEMBER 28, 2023

However, in a small number of credit businesses, the right strategies for systems and people have not been set. This e-Guide discusses how creditor organisations can go about building the skills and competencies within their own workforce to enable better governance, compliance, and credit management. Download it here.

Loans 83

Loans Credit Management Creditors Government 83

Qualco

NOVEMBER 11, 2021

The number of customers likely to face distress constantly increases and creditors are at the crossroads. The use of Machine Learning (ML) and Artificial Intelligence (AI) is building momentum in the credit management industry. What do the EBA guidelines about EWS suggest?

Credit Management 52

Credit Management Lender Financial Institution Banks 52

CICM

MARCH 4, 2021

The Enterprise Act 2002 came along, and we saw this abolished and replaced with the Prescribed Part – a pot of money ring fenced for the unsecured creditors. At the same time, it was seen as fairer because all the other unsecured creditors also received a slice. I hear you – who on earth are the floating charge creditors?

Unsecured Creditor 40

Unsecured Creditor Creditors Credit Management Banks 40

Credit Management Company

JULY 14, 2021

Name of the creditor. supervised banks and non-banks to oversee their business relationships with service providers in a manner that assures compliance with Federal financial consumer law.”So, To learn more about Credit Management Company and how we can help you understand these recent changes, contact us.

Collections 52

Collections Debt collector Collection Agencies Collections Agency 52

CICM

MAY 6, 2021

With the Corporate Insolvency and Governance Act 2020 (“CIGA”) restrictions in place, a creditor is not currently able to petition for a company’s winding up. Achieve a better result for the creditors; or. Realise property to make a return to its secured or preferential creditors. Increasing Debt. Conclusion. Conclusion.

Creditors 40

Creditors Government Banks Loans 40

Debt Recoveries

NOVEMBER 27, 2022

Take advantage of this shift in consumer behaviour when ever possible, but refrain from extending credit. . Put the appropriate procedures in place before extending credit. Before they provide credit, have a look at what institutions with expertise, like banks do. Do you employ a credit management system?

Debt collector 52

Debt collector Unsecured Creditor Debt Recovery Retrieval 52

Credit Management Company

SEPTEMBER 30, 2022

When individuals or businesses fall behind in payments, the situation often results in frustration and a breakdown in communication for both the debtor and the creditor. This sets up a lose-lose situation for the debtor and the creditor. When it comes time to make payments, give debtors enough payment options to make it easy.

Debtor 52

Debtor Creditors Fair Debt Collection Collections 52