With South Africa’s known spending culture of low savings levels, coupled with tough economic circumstances, consumers have turned to more accessible revolving and unsecured credit facilities.
According to Transunion around 45% of the 22.5 million credit active consumers have impaired credit records.
With a debt-to-income ratio of approximately 78% and consumer credit extension at around R1.8 trillion, the picture is clear – we are over-indebted and this has increased the role of debt collection companies and banks and call centres dealing with debt collection.
Against this backdrop Trade Conferences International is once again presenting its annual Debt Collection South Africa Conference.
The conference features a totally new programme, giving prospective delegates a new view on factors impacting on the debt collection environment such as customer engagement, data analytics, technology and automation, the rise of digital – all factors playing a role in disrupting the debt collection industry.
New thinking is needed. And by attending this event – featuring a breakaway session and three powerful panel discussions – new strategies and approaches will be analysed to prove how both external and internal influences can be turned into profitable outcomes.
We invite all professionals dealing with debt collection to join us – Trade Conferences International – at this conference.
Looking forward to meet each and all of you at the Indaba Hotel on 13 & 14 June 2018.
See more at: http://www.tci-sa.co.za/debtcollection/#sponsor