Why Empathy Matters in Credit Collection

Others
Credit collection is difficult. The pressure of reminding customers of their debt versus being sympathetic to their situation can be stressful for associates.

This leads to incredibly high attrition rates, dissatisfaction and an employee culture that encourages aggressive tactics to secure payments. Likewise, customers will repeatedly go into delinquency if inadequate employee interactions do not get to the root causes of why they are unable to pay, continuing a vicious cycle.