Level 3 Award in Dealing with Consumer Debtors in Financial Hardship

Thursday, 21 November 2024 07:11:32

International applicants and their qualifications are accepted.

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Level 3 Award in Dealing with Consumer Debtors in Financial Hardship

Overview

The Level 3 Award in Dealing with Consumer Debtors in Financial Hardship is designed to provide learners with the knowledge and skills necessary to effectively assist individuals who are experiencing financial difficulties and are unable to meet their debt obligations. This course covers various aspects of debt management, including understanding financial hardship, communicating with debtors sensitively and empathetically, exploring repayment options, and providing appropriate advice and support. By completing this award, learners gain insights into the challenges faced by consumers in financial hardship and develop strategies to help them navigate their debt situations more effectively. This course equips individuals with valuable skills for roles in debt management, financial counseling, customer service, and related fields where dealing with consumers in financial hardship is a key aspect of the job.

The Level 3 Award in Dealing with Consumer Debtors in Financial Hardship is designed for professionals working in the field of debt collection and credit management. This course provides essential knowledge and skills to effectively handle individuals facing financial difficulties and hardship. Participants will learn practical strategies to engage with consumers in a compassionate and empathetic manner, while also considering legal and ethical aspects of debt collection. The course covers topics such as assessing financial hardship, negotiating repayment plans, and providing appropriate support and guidance. By completing this award, professionals will be equipped to navigate complex financial situations, communicate effectively, and help debtors find sustainable solutions. This qualification enhances the expertise and professionalism of individuals working with consumer debtors, enabling them to provide valuable assistance during times of financial hardship.

Entry requirements

Educational Background:

  • Previous Qualification: Applicants should have successfully completed a Level 2 qualification (e.g., GCSEs, Level 2 Certificate, Diploma) or hold an equivalent credential. Higher qualifications are also accepted.

    OR
  • Relevant Experience: Candidates with over 1 year of professional experience in their respective industry are encouraged to apply, as their practical knowledge is highly valued.

Age Requirement:

  • Minimum Age: Applicants must be 16 years or older. This program is designed to support both recent school leavers and those with some professional experience in advancing their careers.

International applicants and their qualifications are accepted.

Step into a transformative journey at LSIB, where you'll become part of a vibrant community of students from over 157 nationalities.

At LSIB, we are a global family. When you join us, your qualifications are recognized and accepted, making you a valued member of our diverse, internationally connected community.

Course Content

Core Units
- Dealing with consumer debtors in financial hardship

Assessment

The evaluation process is conducted through the submission of assignments, and there are no written examinations involved.

Fee and Payment Plans

30 to 40% Cheaper than most Universities and Colleges

Duration & course fee

The programme is available in two duration modes:

6 months: GBP £1250
9 months: GBP £950
This programme does not have any additional costs.
The fee is payable in monthly, quarterly, half yearly instalments.
You can avail 5% discount if you pay the full fee upfront in 1 instalment

Payment plans

6 months - GBP £1250

● Payment option (a): GBP £416 x 3 monthly instalments
● Payment option (b): GBP £1187.50 x 1 instalment (We offer 5% bursary on total fee for students opting to pay in full)

9 months - GBP £950

● Payment option (c): GBP £190 x 5 monthly instalments
● Payment option (d): GBP £475 x 2 quarterly instalments
● Payment option (e): GBP £902.50 x 1 instalment (We offer 5% bursary on total fee for students opting to pay in full)

Our course fee is upto 40% cheaper than most universities and colleges.

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Accreditation

British Awarding Association (BAA)

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  • 1. Complete the online enrolment form and Pay enrolment fee of GBP £10.
  • 2. Wait for our email with course start dates and fee payment plans. Your course starts once you pay the course fee.
  • Apply Now

Got questions? Get in touch

Chat with us: Click the live chat button

+44 75 2064 7455

admissions@LSIB.co.uk

+44 (0) 20 3608 0144



Career path

The Level 3 Award in Dealing with Consumer Debtors in Financial Hardship can lead to various career paths in the financial and debt management sectors. Graduates of this course may pursue opportunities as:

1. Debt Advisors: They provide guidance and support to individuals struggling with debt, helping them navigate financial hardship and develop repayment plans.
2. Debt Recovery Agents: They work for debt collection agencies or financial institutions, assisting with the recovery of overdue debts and negotiating repayment arrangements.
3. Financial Counsellors: They offer personalized financial advice to individuals in financial hardship, helping them develop budgeting strategies and explore debt management options.
4. Customer Service Representatives: They handle customer inquiries and concerns related to debt and financial hardship, providing empathetic and informative assistance.
5. Credit Control Officers: They monitor and manage customer accounts to ensure timely payment and address issues related to financial hardship.
6. Debt Management Consultants: They provide expert advice and guidance to individuals and businesses on debt management strategies, including negotiating with creditors and restructuring debt.

These career paths involve working closely with individuals in financial hardship, offering guidance, support, and solutions to help them manage their debts effectively.

Key facts about Level 3 Award in Dealing with Consumer Debtors in Financial Hardship

"Level 3 Award in Dealing with Consumer Debtors in Financial Hardship. Accredited Program. Flexible Online Learning. Master Skills for Assisting Debtors in Financial Difficulty. Study Debt Collection, Communication, and Financial Hardship Support. Elevate Your Ability to Provide Financial Assistance. Enroll Now for Expertise in Assisting Consumers in Financial Hardship!"

Why this course?

"Empower Financial Support with Level 3 Award. Accredited Program. Flexible Online Learning. Master Skills for Assisting Debtors in Financial Hardship. Study Debt Collection, Communication, and Financial Assistance Techniques. Elevate Your Ability to Aid Consumers in Financial Distress. Stay Informed and Compassionate. Enroll Now for Expertise in Assisting Consumers in Financial Hardship!"

Who should enrol in Level 3 Award in Dealing with Consumer Debtors in Financial Hardship?

The Level 3 Award in Dealing with Consumer Debtors in Financial Hardship is designed for professionals in the field of debt collection, credit management, and financial services. This course is particularly beneficial for individuals who interact with consumers facing financial difficulties and hardship. It provides essential knowledge and skills to effectively handle sensitive situations, negotiate repayment plans, and provide appropriate support and guidance to debtors. The course is relevant for professionals working in debt collection agencies, financial institutions, credit counseling organizations, and other related sectors. It equips participants with the tools to navigate complex financial scenarios while maintaining legal and ethical standards. By completing this award, professionals enhance their ability to assist individuals experiencing financial hardship and contribute to positive debt resolution outcomes.


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