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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.
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.
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.
There are hundreds of debt collectors in South Africa - each with their own unique debt collection service offering. However, with so many collection agencies out there, it can become quite challenging to choose which agency to use.
There are several important questions that must be asked when picking a collection agency. To save you some time (and money), we have listed them below.
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