Author name: CreditGhar

Approaches to Improve Your Debt Collection Efficiency

The act of collecting debts is a significant, yet commonly apprehensive, facet of financial management for both companies and individuals. The art of debt collection goes beyond the mere calculation of figures,  it is primarily concerned with the intricate task of motivating individuals to clear their financial debts.  Debt collection is the process of pursuing […]

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The Future of debt collection: AI voicebots & chatbots

The debt collection sector is poised for significant change due to the swift progress of artificial intelligence (AI), especially with the implementation of chatbots and voicebots. These innovations are set to transform the manner in which organizations engage with debtors, optimize operational procedures, and improve recovery rates. This blog will delve into the future of

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10 Common Mistakes to Avoid in Debt Collection

Debt collection is critical to the long-term capability of the financial ecosystem for both businesses and individuals alike. This process is a complex and sensitive part of the lending lifecycle for banks, non-banking financial companies (NBFCs), and fintech lenders. It requires a high level of agility, expertise, adherence to regulations, and a deep understanding of

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