loan collection Synonyms
No Synonyms and anytonyms found
loan collection Meaning
Wordnet
loan collection (n)
a number of pictures loaned by their owners for exhibition
loan collection Sentence Examples
- The bank had a dedicated department for loan collection, responsible for recovering overdue payments from borrowers.
- The loan collection agency was notorious for its aggressive tactics, using intimidation and harassment to pressure debtors.
- The loan collection agent was skilled at negotiating payment plans and finding solutions that benefited both the creditor and the borrower.
- The company faced mounting criticism for its unethical loan collection practices, which resulted in financial hardship for many customers.
- The government introduced regulations to protect consumers from predatory loan collection agencies.
- The loan collection process was complex and time-consuming, requiring extensive documentation and legal expertise.
- The borrower sought legal assistance to challenge the loan collection agency's excessive fees and tactics.
- The loan collection industry was highly competitive, with agencies vying for clients who had defaulted on their payments.
- Despite the negative stigma associated with loan collection, ethical agencies played an important role in managing financial risk and ensuring the solvency of lenders.
- The company's loan collection efforts improved significantly after implementing a data-driven approach that focused on personalized communications and understanding borrowers' financial situations.
FAQs About the word loan collection
a number of pictures loaned by their owners for exhibition
No synonyms found.
No antonyms found.
The bank had a dedicated department for loan collection, responsible for recovering overdue payments from borrowers.
The loan collection agency was notorious for its aggressive tactics, using intimidation and harassment to pressure debtors.
The loan collection agent was skilled at negotiating payment plans and finding solutions that benefited both the creditor and the borrower.
The company faced mounting criticism for its unethical loan collection practices, which resulted in financial hardship for many customers.
