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What is Loan Collection and Recovery in Malaysia about?

This document discusses loan collection and recovery processes. It covers: 1. The collection process involves maintaining contact with delinquent borrowers through reminder calls to collect overdue payments. The approach becomes more assertive as the delinquency worsens. 2. Causes of delinquencies include economic downturns, excessive borrowing, unexpected problems, and poor financial management. 3. The recovery process pursues legal remedies for non-performing loans, which are loans overdue for more t

Author

Billy Lee

Language

EN