Overdue Loan Repayment Process

Welcome to subscribe to our News, Linkedin, Facebook for the latest job posting or following the newest trend on receivable management!

Make borrower comfortable

It is an important conversation to both loan provider and borrower. Bad emotions are not a good start

As borrower what happened

Try to understand why is the borrower overdue. Many borrowers focus on the repayment of interest, but the initial price of the item makes the most important part of repayment.

Differentiate between willingness and ability

Forget about courts and lawyers. This is one of the conversations, where a simple agreement makes the difference.