Debt Collector

What does a person in this occupation do?

Debt collectors collect payments for overdue accounts, overdue instalments or damage claims on behalf of creditors. They locate and notify customers of delinquent accounts by mail, telephone, or personal visit to solicit payment. Duties include preparing statements to the credit department if a customer fails to respond, initiating repossession proceedings or service disconnection, and keeping records of collection and status of accounts.

Study path:

Entry: Senior Certificate
A person can also enter into a learnership in debt collection with a firm that is accredited by Fasset.

Professional bodies:

Registration with the Council for Debt Collectors is a prerequisite for working as a debt collector. However, there are no academic requirements for this registration.

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