Ask Question
BusinessBusiness
3 October, 04:04

How are credit card companies training employees differently in order to convince debtors to pay their balances in this economy?

+3
Answers (2)
  1. 3 October, 05:32
    0
    train their employees on giving the debtors a hard time

    Explanation:

    The credit card companies are beginning to train their employees on giving the debtors a hard time and to constantly contact/harass them. By doing so they believe this will persuade the debtors into paying off their balances as the debtors will feel pressured into it for fear of the consequences that may arise from being late or not paying off the debt at all.
  2. 3 October, 07:20
    0
    Answer: By educating them of the consequences of a married debt

    Explanation:

    Companies are training their employees to be able to convince debtors by telling debtors the grievance take of not paying or balancing their debt, they also teach them that an incurred debt would hinder a future loan collection from a bank or financial organization as the firm would see you incapable of clearing your existing loans, also they teach them to be persistent in their follow up system.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “How are credit card companies training employees differently in order to convince debtors to pay their balances in this economy? ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
For commodity X, average cost is equal to marginal cost at every level of output. Assuming that the market for X is competitive and the demand curve is linear, analyze the effects when a unit tax of u dollars is imposed.
Answers (1)
An inkjet printer output is streaked. what would you do?
Answers (1)
If you wanted to find the job description for a certain job, where should you look? newspaper Web sites or books about careers history book social-networking Web site
Answers (1)
Quebec's cross-border linkages to the u. s. are most strongly developed with the state of:
Answers (1)
Identify whether each of the following examples belongs in M1 or M2. If an example belongs in both, be sure to check both boxes. Example M1 M2 Larry has $25,000 in a money market account.
Answers (1)
New Questions in Business
Departmental overhead rates may correctly assign overhead costs when: a. there is no cause-and-effect relation between direct labor hours and the cost of overhead. b.
Answers (2)
Contrast the actions a central bank should take when an economy is in recession with production substantially below potential GDP and those needed when an economy is producing in overdrive above potential GDP.
Answers (1)
A manager that is establishing objectives is performing which management function?
Answers (1)
You run a small community or country and your primary output is the growing of wheat and the sewing of socks. You are able to produce both products for a low cost, so your residents do not have to pay very much for these two products.
Answers (1)
Adhira buys chocolates and almonds. She has 3 bars of chocolates and 4 bags of almonds. The marginal utility of the third chocolate bar is 18 of marginal utility and the marginal utility from the fourth bag of almonds is also 18.
Answers (1)
Home » Business » How are credit card companies training employees differently in order to convince debtors to pay their balances in this economy?
Sign Up Forgot Password?