Global Credit Solutions - International Debt collection, credit report, business information, risk management and global investigations service

* Please click on the countries listed above to view a "Country Profile".

To find out more about a country's: Population, economic overview, general business practices, and more, simply click on the country of your choice.

EG: Debt Collection Credit Report NZ

Economy Overview:
Over the past 20 years the government has transformed New Zealand from an agrarian economy dependent on concessionary British market access to a more industrialized, free market economy that can compete globally. This dynamic growth has boosted real incomes (but left behind many at the bottom of the ladder), broadened and deepened the technological capabilities of the industrial sector, and contained inflationary pressures. Per capita income has risen for six consecutive years and is now more than $23,000 in purchasing power parity terms. (read more...)

General Business Practices.

• The main language is English and this is used in all court proceedings.
• New Zealand operates under a metric currency, with the dollar and cent being the primary currency unit.
• Assignments forwarded should ensure that correspondence is in the English language. Any supportive documentation in another language should be translated into English with such translation sworn before a Notary Public. (read more...)

Collections
Collections agencies usually tailor their operating methods to suit the needs of the client, the amount of debt, and the remoteness of the debtor.

Upon receipt of the assignment, the agent will undertake preliminary analysis and appropriate action for speedy recovery of the outstanding debt. The common collection methods used include : - telephone contact, demand letter(s), personal visits to the work or home address of the debtor to undertake interview and ascertain income and assets details.

When a lump sum or payment schedule offer is made, the agency will have an arrangement with the client to authorize acceptance or rejection of the offer. (read more...)