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Credit Cards

Retail Banking

Credit Cards

With banks running a neck-to-neck competition in issuing credit cards, it is not uncommon for consumers to carry more than five credit cards, often from different banks. The high compounded interest also makes it very difficult for most of them to manage their payments. Moreover, credit cards are usually issued with less securities, and the cost of collection through legal action is sometimes higher than the outstanding amount.
As with personal loans, banks lose millions every year because of past due accounts, especially those associated with credit cards.
Our credit card debt collection service offers solid assurance that revenue and profits that are earmarked as ‘lost’ can be easily recovered. We play a major role in locating individuals associated with credit card debts, as well as rehabilitating these debtors and re-establishing their credit worthiness. While most cases of credit card debts are followed through by amicable solutions, our legal department takes over stubborn cases.
Our strategy is to collect the outstanding amount with minimum hassle and the lowest costs, while preserving our clients’ goodwill and our own reputation in the collection industry.
When it comes to credit cards, some of the services provided by TDC are

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