Collection Associate TL

☞ HDB Financial Services Limited

View: 103

Update day: 23-04-2024

Location: Bahraich Uttar Pradesh

Category: Finance / Bank / Stock

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Job content

  • Collaborating on debt collection strategies with other departments.
  • Enacting debt recovery plans that adhere to the FDCPA.
  • Contacting debtors by telephone to negotiate debt recovery.
  • Preventing recurring delinquency by negotiating manageable debt payment plans.
  • Negotiating settlements to recover a maximum percentage of outstanding debt.
  • Keeping hard copy and electronic records of all documents, payment plans, and amounts paid.
  • Researching publicly available resources to track down defaulters, including credit bureau information, databases, loan documents, and background checks.
  • Sending statements of delinquency to the Credit Bureau and initiating legal proceedings if debt recovery fails.
  • Purging records where debts have been satisfied.
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Deadline: 07-06-2024

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