Debt Management And Credit Control (Level 3)
A distance learning course is the ideal way to gain a Level 3 in Debt Management & Credit Control. Whether you're looking to go on to further education, improve your job prospects or expand your knowledge, distance learning Debt Management & Credit Control is a flexible and convenient course, which allows you to comprehensively prepare for an exam or career through home study. What's more, because the distance learning Level 3 Debt Management & Credit Control course is a fully comprehensive course, no prior knowledge is required.
This programme is designed for people who wish to gain an understanding of principles and practice of controlling credit and managing debt in commercial organisations.
Objectives of the Level 3 Debt Management and Credit Control Course
The objectives of the course are to:
- Describe methods of controlling credit
- Investigate methods of credit checking
- Examine the use of the courts and debt management agencies in recovering debt
- Describe how to collect debt by letter and telephone
Key Skills Developed:
- understanding of principles and practice of controlling credit
- managing debt in commercial organisations
What Could I Do After Taking This Debt Management and Credit Control Course?
With relevant Experience and Qualification, you could go on to become a Credit Manager. As a credit manager, you would manage the team that controls credit offered to the commercial and personal customers of your organisation. You would check credit histories, assess risk and make decisions on lending.
If you’ve got good management skills, can motivate a team and want a job in the financial services industry, this career could suit you well. You will also need to have good judgement, sound business sense and the ability to take decisions.
Credit Managers can earn from £27,000 a year. *Source : National Careers Service
Your Debt Management And Credit Control (Level 3) Course:
This Debt Management and Credit Control course is designed for people who wish to gain an understanding of principles and practice of controlling credit and managing debt in commercial organisations. This course is a must for any small business, especially in the current economic climate.
- Study Time
- Key Topics
- Entry Requirements
- Home Study Support
- Home Study Resources
- Further Information
- What's Included
- Possible Career Path
Study Hours are an approximate figure and are dependant upon how much time you can dedicate to your studies and how well you grasp the learning concepts in the course material. Furthermore, at the end of each lesson there is a question paper that needs to be completed and returned to your tutor. You should allow at least 1 - 2 hours of study to complete each question paper.
The approximate amount of time required to complete the Debt Management And Credit Control (Level 3) course is: 90 Hours
The Level 3 Debt Management and Credit Control course is divided into following three units:
- Unit 1 – Credit Control
- Unit 2 – Debt Management Agencies
- Unit 3 – Communication
This course is marked through a process of continuous assessment guided by your tutor following ABC Awards guidelines. This means that your qualification will be awarded according to your performance on assessments rather than by taking an exam.
We send the full course out with the units listed above, you then read through the course in your own time and complete the assignments which you send to your tutor for marking. There is no word count for these assignments. However, one sentence answers will be rejected and you will have to re-submit it for marking.
Upon verification of the activities, exercises and assignments, a certificate of achievement will be awarded by ABC Awards, as confirmation that your written work has met all of the learning outcomes and assessment criteria for the programme.
Entry RequirementsNo Entry Requirements This course is openly available to anyone wishing to learn more about Debt Management & Credit Control and would like to take part in a highly rewarding home study course. We believe that everyone should have the opportunity to expand their knowledge and study further, so we try to keep our entry requirements to a minimum. You have the freedom to start the course at any time and continue your studies at your own pace for a period of up to 12 months from initial registration with full tutor support.
Home Study Support
You will be provided with comprehensive materials designed to provide you with everything required to complete your Debt Management and Credit Control course. You will have your own personal tutor helping you with your course work and with any questions you may have. Plus you can contact our Student Advisors by email or phone for all the practical advice you may need – so we really are with you 100%.
What's more, you'll have access to the online student portal, where you can interact with other students, browse our resource library and manage your account.
Home Study Resources
You will be provided with comprehensive materials designed to provide you with everything required to complete your course of study.Your course fee covers all textbooks, study folders, and/or online learning aids designed for distance learning.
This Level 3 Debt Management & Credit Control Course pack includes the Student Handbook with all relevant information that you would need to successfully complete the course.
Debt Management & Credit Control Level 3 Award
At the end of this course successful learners will be awarded a certificate of achievement by ABC Awards and a Learner Unit Summary (which lists the details of all the units you have completed as part of your course). The course has been endorsed under the ABC Awards’ Quality Licence Scheme. This means that this learning programme by Kendal Publishing has undergone an external quality check to ensure that the organisation and the courses it offers, meet certain quality criteria.
We have designed our training courses specifically to meet the needs of learners who prefer to study from home. The course measurable learning outcomes have been benchmarked at Level 3 (using Ofqual’s level descriptors) to allow you to consider the depth of study, difficulty, and level of achievement involved. The completion of this course alone does not lead to an Ofqual regulated qualification. but the unit summary may be used as evidence of knowledge and skills (Recognition of Prior Learning) if you wish to progress towards regulated qualifications in the future.
This course has been designed to meet specific learner or employer requirements. ABC Awards’ endorsement involves a robust and rigorous quality audit by external inspectors to ensure quality is consistently met. A regular review of courses is carried out as part of the endorsement process.
Possible Career Path
As a credit manager, it would be your job to protect your employer's finances by controlling the credit offered and managing the debts that customers owe. This might be for a finance company, or for any company that sells goods or services. You could focus on one of two main areas of work: commercial credit - dealing with business customers consumer credit - dealing with credit taken out by members of the public. In either area, your key tasks might include: checking customers' credit rating with banks and credit reference agencies deciding whether to offer credit setting up the terms of credit and making sure that the customer pays on time managing a team of credit controllers or accounting technicians negotiating repayment plans stopping supplies of goods to late-paying business customers starting legal action to recover debts if necessary in insolvency or bankruptcy cases - liaising with other creditors, arranging for goods to be recovered by bailiffs, or dealing with liquidators if a company's assets are to be sold off. In a smaller company, you might also carry out general accounting and administrative work.
Find out more about the Job Role for Credit Manager.
Our online courses are fully digitised so you can study on any smart device. Your learning programme is completely flexible so you can study at a pace that suits you. All our content is broken down into bite size chunks to make your learning more manageable and effective. Your course of study is broken down into units and sections, each of which contains lessons, activities and test papers. Courses are delivered on our Digital Learning Environment allowing you to study from anywhere on any smart device as long as you have access to the Internet. The course concludes by preparing you for examination using past papers in your chosen subject.
As a student, your course fee covers everything you will need to successfully complete the Debt Management & Credit Control home study course and earn your award:
- Online study materials to enable the student to successfully complete the course.
- A full range of student services, including:
- Tutor marked assessments (TMAs)
- Access to the online student portal (Student Chat, Forums and Online Support Resources)
- NUS Extra Card (discounted membership)
- One year educational support by e-mail.
You can also choose to pick from following while you are enrolling and avail the services at a highly discounted price for our students.
GOOGLE ANDROID TABLET:
Makes your assignment submission and study on the move an absolute breeze. Available at a reduced price of £69.99 (RRP £99) to all students who enrol on 2 or more courses and pay for their course in full at the time of enrolment. Download your study materials and turn commuting time into profitable study time.
12 MONTH COURSE INSURANCE :
Reordering a course pack, if you have damaged yours, can be costly. You can usually expect to pay a huge price for a copy. The 12 month insurance Cover will meet the cost for you if your pack was damaged. We will send out another Course Pack at no extra cost if you send us a proof of the damaged course.
LEARNING FOR LIFE:
We support our students even after they have graduated from the college. Learning for Life Services include:
1. Academic Reference: We are often asked to provide references for students by employers or colleges and universities. The aims of an academic reference are to confirm facts (confirm accuracy of statements made in any application) and to provide relevant opinion on the candidate's aptitude and ability.
2. CV Refresh Service: When you successfully complete your course you will be entitled to our CV refresh service. We will update your current CV to ensure that your new skills and achievements are presented to the highest standard. We will also add your CV to databank of our sister company www.twindo.co.uk
3. 25% off Courses: *(This offer cannot be used in conjunction with any other offers)
For all students who successfully complete their course, you will be entitled to 25% off any future courses through eDistance Learning or it's partners.
Furthermore this offer will be extended to your family and friends.
Further InformationAward Level: Level 3 Awarding Body: ABC Awards (www.abcawards.co.uk) Format: Online
If your course is being delivered online, please ensure you meet the minimum requirements below.
Windows 98, 2000, XP, Vista, Windows 7 - Acrobat Reader 4.0 and above
Mac OS X, Mac OS 9.2 - Acrobat Reader 4.0 and above
From time to time we may enrol our students with our partner sites; this is dependent on the number of students enrolling on a particular course and course material availability. If this happens, nothing changes for you other than the name of the college administering your course. We will continue to be your point of contact; you will get the exact same course you have enrolled on with the same high level of quality content and support.
This course can be enrolled upon by students internationally. There are no deadlines for enrolments.
WHAT TO DO NOW?
Step One: It's simple - all you need to do now is choose whether you want to pay in instalments or in full and then click on the relevant enrolment button at the top of this page.
Step Two: Once you have selected your payment option to enrol you will be redirected (this can take a few seconds) to our PayPal payment page for you to select your payment method and complete your enrolment.
Step Three: Within 7 days (normally 48 hours) your enrolment papers and course materials will be with you. A tutor and a dedicated support advisor will also be allocated to you.
That's it..... Thanks and wishing you the best of luck with your studies.
About ABC Awards
ABC Awards is a leading national Awarding Organisation, regulated by Ofqual, and the Welsh Government for their qualifications on the national framework i.e. the Qualifications and Curriculum Framework (QCF). It has a long-established reputation for developing and awarding high quality vocational qualifications across a wide range of industries.
As a registered charity, ABC Awards combines 180 years of examination and assessment expertise but also implements a responsive, flexible and innovative approach to the needs of our customers They are committed to developing qualifications, which help learners and organisations, by cultivating the relevant skills for learning, skills for employment and skills for life.They work with over 600 centers nationally and many tens of thousands of learners achieve an ABC Awards’ qualification each year.
How do I contact my tutor and submit assignments?
Will my tutor answer my support requests quickly?
How long do I have to complete the course?
Can I extend my tutor support if I do not complete within 12 months?
Are there any exams?
How does distance learning work?
When can I start the course?
How long do the courses take?
I want to buy a course that is not on the course list. What do I do?
Do the courses have tutorial support?
Is the course work done online or sent via the internet?
Is there a time limit or any deadlines?
Will I have to sit an examination?
How quickly will I receive my course material?
I wish to cancel my course. How do I do this?
Do I have to buy any other materials?
I’m not sure of what course I should take? Can you help?
Why choose eDistance Learning?
Please contact us if you have not found the answer you are looking for.
How is the course structured?
The Level 3 Diploma in Debt Management & Credit Control course is divided into 3 comprehensive units:
Unit 1 – Credit Control
- Cutting down on credit
- Bad debts
- Sales discounts
Is my customer credit worthy?
- Credit application form
- Trade references
- Bankers references
- Credit checks
- Credit insurance
Credit control routines
- Terms and conditions of sale
- Aged debt analysis and debt turn
Debt recovery through the courts
- The Courts and their powers of collection
- 3 track system – Full description in unit 2
Statutory demands, Insolvency and Bankruptcy
- Statutory demands
- Winding up petitions
- Voluntary arrangements
- Administration orders
VAT and Tax relief for Bad debts
- What VAT relief is available?
- How to claim relief
- Tax relief
Unit 2 – Debt Management Agencies
Credit checking agencies
- An explanation of what credit checking agencies do
- The information they hold
- How to use their services.
- A history of factoring,
- an explanation of how their products work
- The services they can offer.
Specialist Legal Services
- What services are on offer
- How to use their services effectively
- How and when it is appropriate to use the courts
- Advice on applying for legal resolution
- The 3 track system
- Small Claims Track
- Fast Track
- Multi track
- Costs verses Settlement – Is it worth it?
Debt Collection Agents
- What are they?
- What are the costs involved?
- What are their collection powers?
- What are they?
- What are the costs involved?
- What are their collection powers?
- Private Debt Collections agents
- What are they?
- What are the costs involved?
- What are their collection powers?
Unit 3 – Communication
- Telephone skills
- Handling problems and objections
- Dealing with difficult customers and controlling anger
- How to gain commitment to pay
- When to choice written forms of communication
- Email verses letters – When is each format appropriate?
- Sample letters
- Request for payment
- Demand for payment
- Legal demand for payment
How to deal with customer responses
- Common responses and excuses
- How to reply to customer responses
- How to gain commitment
Our aim is to provide you with the best deal available, therefore the registration fee, certification fee and full tutor support is included in the course price for you. The enrolment fee for the Debt Management & Credit Control home study course is £368.75, though for a limited time we are offering you the opportunity to pay only £295 which is a 20% discount if you enrol online and pay in full.
You can also opt for our Easy Payment Plan and enrol online today by paying a deposit of £73.75 and then 4 equal payments of £73.75 per month. The first instalment is paid about a month after you receive your course.
Custom Payment Plan
You can propose a custom payment plan below in order to pay for your course. Please use the sliders above the table to configure your custom plan and then fill out the attached form. One of our course advisors will contact you with a decision regarding your plan.
Please select the amount you would like to pay each month
Please selection the amount of months you wish to pay over
Payment Length (months)
*Please note: One of our course advisors will attempt to create an instalment agreement based on the figures you have entered above, however the actual amount and length of the agreement may vary.Submit Proposal
With paper and cd-rom course formats, we offer delivery options to many different countries. Please see the table below for more information.
|UK MAINLAND||EU DELIVERY||INTERNATIONAL DELIVERY|
Write a reviewYour Name:
Your Review: Note: HTML is not translated!
Rating: Bad Good
Enter the code in the box below: