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GREATER GIANT MUNICIPALITY Tel : 015 811 5500 Fax : 015 812 2068 Web : http://www.greatergiyani.gov.zaP/Bag X 9559 Giant 0826Debt Collection and Credit Control Policy 2023/24 Council Resolution: CR77
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01
Gather all necessary information such as account numbers, contact details, and any correspondence related to the debt collection or credit.
02
Review the debt collection or credit form thoroughly before filling it out to ensure accuracy and completeness.
03
Provide truthful and accurate information when filling out the debt collection or credit form.
04
Submit the completed form according to the instructions provided by the creditor or debt collection agency.
05
Keep copies of all documents and correspondence related to the debt collection or credit for your records.

Who needs debt collection and credit?

01
Individuals or businesses who have outstanding debts that need to be collected.
02
Individuals or businesses who are seeking credit or loans from financial institutions or creditors.
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Debt collection is the process of pursuing payments of debts owed by individuals or businesses. Credit is the ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future.
Businesses and individuals who are owed money are required to file debt collection and credit.
Debt collection and credit can be filled out by providing information about the debt owed, the debtor, and any payment plans that have been arranged.
The purpose of debt collection and credit is to ensure that debts are paid in a timely manner and to help businesses and individuals manage their finances.
Information that must be reported on debt collection and credit includes the amount owed, the debtor's contact information, and any payment agreements that have been made.
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