1
X

Simply let us know your email address, we will email you the programme Viewbook asap.

 Show all

Level 3 Award managing debtors experiencing financial hardship (20)

Discover how to effectively manage debtors experiencing financial hardship with our Level 3 Award course. Through a hands-on approach, learners will delve into real-life case studies to gain practical insights and strategies for navigating the complexities of debt management. From understanding the psychology of debtors to utilizing digital tools in the ever-evolving landscape, this course equips you with the skills needed to succeed. Whether you're a financial professional looking to enhance your expertise or someone seeking to make a difference in the lives of those in debt, this course offers valuable knowledge and practical solutions.

Are you looking to enhance your skills in managing debtors experiencing financial hardship? Our Level 3 Award course is designed to provide you with the knowledge and tools needed to effectively support individuals facing financial challenges. This comprehensive program covers topics such as debt management strategies, communication techniques, and legal considerations. By completing this course, you will be equipped to assist debtors in developing sustainable repayment plans and navigating their financial difficulties with confidence. Join us today and take the first step towards becoming a valuable resource for those in need of financial guidance.
Key facts about
● This Level 3 Award focuses on managing debtors experiencing financial hardship, providing essential skills for professionals in the finance and debt management industry.
● Participants will learn how to assess the financial situation of debtors, develop repayment plans, and provide support and guidance during challenging times.
● Key learning outcomes include understanding the impact of financial hardship on debtors, identifying signs of distress, and implementing effective communication strategies.
● This course is highly relevant for debt collection agencies, financial institutions, and organizations dealing with individuals facing financial difficulties.
● Unique features of this award include practical case studies, interactive exercises, and real-world scenarios to enhance learning and application of knowledge.
● By completing this award, participants will be equipped with the necessary skills to effectively manage debtors in financial hardship and provide valuable support and assistance in challenging situations.

  Duration

The programme is available in two duration modes:

  Course Delivery

Online

  Entry Requirements


  Course Content

• Understanding financial hardship
• Identifying debtors experiencing financial hardship
• Assessing the impact of financial hardship on debtors
• Developing strategies to support debtors in financial hardship
• Communicating effectively with debtors in financial hardship
• Implementing debt management plans
• Monitoring and reviewing debt management plans
• Providing ongoing support to debtors in financial hardship
• Resolving conflicts and disputes with debtors
• Evaluating the effectiveness of debt management strategies

  Assessment

The assessment is done via submission of assignment. There are no written exams.

  Course fee

The fee for the programme is as follows:
-
-

  Payment plans

Please find below available fee payment plans:

-

-

  Accreditation



Apply Now


Why this course?
The Level 3 Award in managing debtors experiencing financial hardship is essential in today's economic climate, especially in industries where financial difficulties are prevalent. According to the Office for National Statistics, the average household debt in the UK is £15,385, highlighting the need for professionals who can effectively manage debtors in financial distress. Jobs in the financial services sector, which includes debt management roles, are projected to grow by 5% over the next decade, according to the Office for National Statistics. This indicates a rising demand for individuals with the skills and knowledge to assist debtors facing financial hardship. The Level 3 Award provides learners with the necessary expertise to support individuals in managing their debts and navigating financial challenges. By completing this qualification, professionals can enhance their career prospects and meet the increasing demand for debt management services in the UK. | Statistic | Percentage | |------------------------------------------|-------------| | Average household debt in the UK | £15,385 | | Projected growth in financial services | 5% |

Who should do Level 3 Award managing debtors experiencing financial hardship?
This course is ideal for individuals working in the financial sector, such as debt collection agencies, banks, and credit unions.
According to the Money Advice Service, 8.3 million people in the UK are over-indebted, with 3.3 million in severe problem debt.
This course is also beneficial for professionals in customer service roles who may encounter customers experiencing financial hardship.
Research by the Financial Conduct Authority shows that 2.1 million people in the UK are in arrears on their mortgage or rent payments.
If you are looking to enhance your skills in managing debtors in financial distress and want to make a positive impact on their lives, this course is for you.
Level 3 Award managing debtors, financial hardship, debt management, debt recovery, credit control, financial difficulties, debt counseling, debt relief, debt assistance, debt solutions, debt negotiation, debt repayment, debt consolidation, debt support.

Request a call back

Please leave your phone number and press "call me" to receive a call back from our course advisor. (Our operating hours are 10am - 4 pm GMT)
or
call us at+44-(0)-203-608-0144

Enquire Now

Please complete the following form to submit an enquiry to Admission team