Enforce customer’s debt repayment

Description

Monitor customers to pay all debts and amounts due; negotiate return of merchandise.

Alternative labels

apply customer’s debt repayment
enforce a customer’s debt repayment
impose customer’s debt repayment
enforcing a customer’s debt repayment
carry out customer’s debt repayment
implement customer’s debt repayment
enforcing a customer’s debt repayments

Skill type

skill/competence

Skill reusability level

cross-sector

Relationships with occupations

Essential skill

Enforce customer’s debt repayment is an essential skill of the following occupations:

Debt collector: Debt collectors compile debt owned to the organisation or third parties, mostly in cases when the debt is past its due date.

Optional skill

Enforce customer’s debt repayment is optional for these occupations. This means knowing this skill may be an asset for career advancement if you are in one of these occupations.

Pawnbroker: Pawnbrokers offer loans to clients by securing them with personal objects or items. They assess the personal items given in exchange for the loan, they determine their value and amount of loan available and keep track of inventory assets.
Financial risk analyst: Financial risk analysts correctly identify and review potential risk areas threatening the assets or capital of organisations. They specialise in either credit, market, operational or regulatory risk analysis. They use statistical analysis to evaluate risk, make recommendations to reduce and control risk and review documentation for legal compliance.
Credit risk analyst: Credit risk analysts manage individual credit risk and care for fraud prevention, business deal analysis, legal documents analysis and recommendations on the level of the risk.

 


 

References

  1. Enforce customer’s debt repayment – ESCO

 

Last updated on September 20, 2022