A debt collector notifies the holders of accounts that are "past due" of their obligations to pay, and they help find and facilitate the best means for that person to repay the amount owed. Most of the time, individuals in this position work for a financial company dedicated to collecting on past due accounts.
Debt Collector Tasks
Record information about financial status of customers and status of collection efforts.
Monitor overdue accounts, receive payments and post amounts paid to customer accounts.
Locate and notify customers of delinquent accounts by mail or telephone.
Arrange for debt repayment or establish repayment schedules, based on customers' financial situations.