In this article, our debt collectors in Port Elizabeth talk about whether or not it’s a good idea to lend money to friends.
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Able Tracers is one of the most efficient debt collection agencies in South Africa and our aim is to provide professional debt collection services across the country.
Majority of South Africans are in some form of debt and a large percentage of this population are unable to keep up with their repayments and are drowning in debt, so to speak.
Able Tracers & Debt Collectors offers professional and efficient debt collection in Port Elizabeth. Additionally, we provide debt collection services throughout South Africa, including the Eastern Cape, Border and Western Cape. We do not only do calls from our call centre, but also have a strong outside debt collector base successfully servicing all regions.
Able Tracers are Debt Collectors in Port Elizabeth. We have specialised in debt collection and apply professional and ethical strategies throughout the collection process.
We offer expert collection of unpaid debt of both high and low value from private individuals to commercial entities.
Businesses and individuals can benefit from outsourcing their debt collection to registered debt collectors.
Below we share just a few of these benefits.
Debt doesn’t last forever – a credit provider must claim payment within a certain period of time. If no payment is claimed debt eventually falls away, this is what we call prescribed debt.
In this article, our debt collectors in Port Elizabeth define when and how debt becomes prescribed, as well as if it will be noted in your credit record.
In this article, Able Tracers and Debt Collectors South Africa outline when it may be necessary to institute legal action against a debtor and how this process works.
Even in cases where debtors are in hiding - debt collection is possible.
With over 53 years of experience as Debt Collectors in South Africa, our team has gained extensive experience in debt collection and the many processes involved in successfully collecting debt.
Debt counselling is the process of assisting consumers who are over-indebted. This is done by providing legal advice and negotiation with relevant creditors to restructure debt while also offering valuable budgeting advice to avoid future debt.
Over-indebtedness can be defined as a consumer’s inability to pay debts in time or if the total debt exceeds the consumers income after expenses have been paid.
Able Tracers and Debt Collectors has established itself as one of South Africa’s most successful debt collection agencies.
Over the years, we have developed a capacity to turn bad debt into profits allowing us to facilitate the entire debt collection process, including purchasing debtor’s books.
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