Debt collection: creditors' perspective

Increased use of business credit in Singapore entails the growing importance of debt collections to the success of the creditorcompanies. This paper seeks to examine credit risk's implications to debt collections, the characteristics of a successful in-house collection system and the extern...

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Bibliographic Details
Main Authors: Chiang, Irene Ming Chee, Pang, Sok Fung, Chiu, Shin Tung
Other Authors: Nanyang Business School
Format: Final Year Project
Language:English
Published: 2015
Subjects:
Online Access:http://hdl.handle.net/10356/64487
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Institution: Nanyang Technological University
Language: English
Description
Summary:Increased use of business credit in Singapore entails the growing importance of debt collections to the success of the creditorcompanies. This paper seeks to examine credit risk's implications to debt collections, the characteristics of a successful in-house collection system and the external collection support available to creditors. The paper is structured into four parts: l. Identifying credit risk and its implications to collection of past-due accounts; 2. Understanding the characteristics of a successful in-house collection system; 3. External support in the collection of past-due accounts; 4. Findings and conclusions