Question

As a debate recovery collection agent what will you do if defaulters say that they have already cleared the default amount

Answer 1

Answer:

Reach out to your lender and request them to consider an out-of-court settlement, where you pay the entire amount due. If your lender does consider this option, they will have to report this to the court and withdraw the lawsuit filed against you. However, the case will be withdrawn only once you've settled your loan.

Answer 2

Answer:

Reach out to your lender and request them to consider an out-of-court settlement, where you pay the entire amount due.