Theoretical And Practical Assessments
The theoretical component of the program requires students to complete the prescribed readings and submit one mandatory written open-book assignment for grading within 4 weeks from the start date. Through a systematic approach, students will learn about the following:
- Collections Phase I
- Collection Policy
- Monitoring Accounts
- Paper Program
- Collections Phase II
- Telephone Collections
- Skip Tracing
- Collections Phase III
- Collection Agencies
- Legal Remedies
As the marks for the assignment are issued, the instructor will contact the students to schedule the practical assessment portion of the program.
For the practical assessment students will be required to participate in a live collection role play call where they will apply what they have learned and be evaluated for their effectiveness and thoroughness. The focus will be on the following aspects:
- Proper identification of the consumer and collector
- Effectively executed demand for payment
- Proper updating of information
- Gathering of information
- Directing the debtor to payment solutions
- Firm up techniques
- Communication skills
The practical assessment must be scheduled and completed within 3 weeks of the 4-week deadline date for the written assignment.
Students must successfully complete both the theoretical and practical components of the program with a minimum grade of 65% to receive the certificate of completion.
All of the materials for the National Collector Certificate Program are available for download via the student online course portal.
In addition to the prescribed readings, students have access to a recorded audio/video lecture and audio samples of effective and ineffective collection calls.
Instructor Support/Online Forum
Students interact with their instructor via an online forum. They are expected to post questions in order to enhance their learning.