Why you should use Kredcor

When it comes to selecting a debt collection agency in South Africa, you’re faced with several options. Each agency may promise the moon and stars, but what sets Kredcor apart and makes us your ideal partner for debt collection and credit reporting?

Here’s why you should use Kredcor to recover your overdue accounts:
  1. Diverse Clientele: Kredcor boasts a portfolio of well-known clients across various industries, some of whom have rigorous procurement processes. Our testimonials speak volumes about our capabilities and success.
  2. Senior, Qualified Personnel: We believe in delivering top-tier service, which is why we employ only senior, qualified professionals who understand the nuances of debt collection.
  3. Proven Track Record: With years of industry experience, Kredcor has never had a complaint lodged against us. We take great pride in maintaining our impeccable reputation.
  4. Regulatory Compliance: We adhere to all laws, rules, and regulations governing the debt collection industry in South Africa, ensuring that our practices are ethical and legally sound.
  5. Dedicated Portfolio Manager: When you partner with Kredcor, you’re assigned a senior Portfolio Manager who handles all your cases, providing you with a single point of contact for seamless communication.
  6. Transparency with Progress Reports: We provide you with monthly progress reports, keeping you informed every step of the way.
  7. Secure Fund Handling: We collect your money and deposit it either into your bank account or our audited Trust account, ensuring the highest level of financial security.
  8. Third-Party Intervention: The involvement of a third party often motivates debtors to settle their outstanding debts promptly.
  9. Competitive Commission Rates: Our commission rates are among the lowest in the industry, allowing you to maximize your returns.
  10. No Hidden Fees: At Kredcor, we operate on a “No success, no fee” basis and do not charge admin fees, handover fees, or any other hidden costs.
  11. Legal Compliance Assistance: We assist you in complying with South Africa’s National Credit Act and other applicable laws, such as the POPI Act (Protection of Personal Information Act).

Why Choose Kredcor for Credit Reports?

Here’s why Kredcor should be your go-to source for credit reports:

  1. Informed Credit Decisions: Our credit reports empower you to make informed decisions when extending credit to clients. We assess their creditworthiness to help you minimize the risk of non-payment.
  2. Fresh and Verified Information: Our credit reports feature up-to-date and verified information, ensuring the data you rely on is accurate and reliable.
  3. Expert Recommendations: Each credit report comes with our expert recommendation, guiding you on whether to extend credit to a specific applicant.

What Sets Kredcor Apart from the Rest?

So, what distinguishes Kredcor from other debt collection agencies in South Africa? Here’s the Kredcor difference:

  • Specialized Knowledge and Experience: We combine specialized knowledge with years of experience, making us experts in the debt collection field.
  • Effective Systems and Software: Our efficient systems and software streamline our operations, allowing us to provide you with top-tier service.
  • Client Satisfaction Focus: Client satisfaction is paramount to us, and we go the extra mile to ensure your needs are met.
  • Unwavering Integrity: Integrity is at the core of everything we do. We protect it at all costs and maintain the highest ethical standards.
  • Centralized Industry Knowledge: Kredcor takes a unique approach by centralizing our industry-specific knowledge, benefiting everyone involved in that sector.

As a debt collection agency, Kredcor operates across diverse industries. We customize our approach to each industry, collaborating with financial and credit professionals to enhance credit risk management. By establishing Standard Operating Procedures tailored to each sector, we ensure that our clients receive the most effective debt collection services.

Our commitment to industry knowledge and adherence to strict ethical standards have made Kredcor the go-to debt collector in South Africa. We offer holistic solutions, from debt recovery to credit reports, all while safeguarding your data through NDAs (Non-Disclosure Agreements).

Our entry into any industry follows a methodical approach:

  1. Database Building: We identify the main role players within the industry and create a comprehensive database.
  2. Standard Operating Procedures: We determine the industry’s Standard Operating Procedures to expedite debt recovery and credit report compilation.
  3. Partnering with Role Players: We engage with industry professionals to establish ourselves as the preferred debt collector.
  4. Database Expansion: We continuously grow our database of “good” and “bad” debtors using credit reports and recent debtor interactions as qualifying criteria.

Kredcor’s industry-specific knowledge, dedication to compliance, and tailored approach make us a formidable partner in debt collection and credit reporting. When you choose Kredcor, you opt for a reliable, experienced, and ethical ally in navigating the complexities of debt recovery.

Need commercial debt collectors?

Are you ready to experience the Kredcor advantage firsthand? Contact us today to discuss how our services can make a significant difference for your business. Let us be your trusted partner in the world of debt collection and credit reports.