Make a good offer and consider offering discounts
Posted: Thu Jan 23, 2025 3:25 am
Negotiation flexibility is one of the key points to achieving good results in debt collection. Therefore, the tip is to plan to offer discounts to defaulting customers, especially if the delay is more than 45 days.
Experience shows that the longer the obligation is overdue, the japan phone number list the chances of being able to collect from that customer. This happens because interest and fines end up increasing the original value of the debt and the defaulter often simply disregards the existence of that obligation and loses interest in paying the amounts due.
To minimize the financial loss and ensure that at least some amount is recovered, the tip for companies is to consider making an attractive proposal to the customer. This will allow the customer to settle their debt without incurring such significant amounts linked to interest and fines.
Experience shows that the longer the obligation is overdue, the japan phone number list the chances of being able to collect from that customer. This happens because interest and fines end up increasing the original value of the debt and the defaulter often simply disregards the existence of that obligation and loses interest in paying the amounts due.
To minimize the financial loss and ensure that at least some amount is recovered, the tip for companies is to consider making an attractive proposal to the customer. This will allow the customer to settle their debt without incurring such significant amounts linked to interest and fines.