How are credit card companies training employees differently in order to convince debtors to pay their balances in this economy?

Question

Nadia David

Business

5 October, 22:41

How are credit card companies training employees differently in order to convince debtors to pay their balances in this economy?

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Answers (2)

Know the Answer?

Trevin Zavala · Answer 1

Answer: By educating them of the consequences of a married debt

Explanation:

Companies are training their employees to be able to convince debtors by telling debtors the grievance take of not paying or balancing their debt, they also teach them that an incurred debt would hinder a future loan collection from a bank or financial organization as the firm would see you incapable of clearing your existing loans, also they teach them to be persistent in their follow up system.

Nikhil Obrien · Answer 2

train their employees on giving the debtors a hard time

Explanation:

The credit card companies are beginning to train their employees on giving the debtors a hard time and to constantly contact/harass them. By doing so they believe this will persuade the debtors into paying off their balances as the debtors will feel pressured into it for fear of the consequences that may arise from being late or not paying off the debt at all.