Debt Collecting
What is this course about?
The course outline is designed to assist the learners with the approach and skills necessary to enter debt collection negotiations. It gives the learner a structured approach to the theory of negotiation easily enabling them to recognise the client’s approach and assisting them in gaining clarity on their own goals, thereby enabling better outcomes.
A comprehensive approach to debt collection, this workshop can be presented over two days of training.
This course will benefit all debt collecting personnel.
Key content covered
Currency
Defining Currency and Understanding Business - core and support functions.
Understanding Debt
Understanding South African statistics and debt culture and the emotional aspect and perceptions surrounding debt.
Being a Debt Collector
Debt Collecting terminology.
Client Care and Debt Collecting
The Phone Call - preparing for the call, having empathy, understanding positioning, giving hope and thanking the Client.
The Approach
Listening, Questioning and Assertiveness
Excuses, Reasons and Finding Solutions
Negotiating Skills and Handling Difficult Clients
Goal Setting
Using SMART goal setting
Motivation and Dealing with Stress
Summarising Tool
A summarising matrix speaking to all of the above in an easily understandable tool.
Unit standard alignment
| US ID | NQF | Credits | Description |
|---|---|---|---|
| 119674 | 2 | 10 |
Compiled for maximum organisational outcome — SETA alternatives are available on request.
