Credit Control and Debt Management Level 3

  • Course Code: OCN307
  • Award Level 3, Similar to - A-Level

Gain an understanding of the fundamental principles of credit control and debt management; you can start your new career within an accounts department!

  • Gain an understanding of principles and practice of controlling credit and managing debt in commercial organisations.
  • Learn how to describe methods of controlling credit and investigate methods of credit checking
  • Examine the use of the courts and debt management agencies in recovering debt and describe how to collect debt by letter and telephone.
  • Develop the skills to help your company be more successful at collecting outstanding payments and ensure that future situations are prevented.

Course Content

Credit Control

  • Is my customer credit worthy?
  • Credit control routines
  • Debt recovery through the courts
  • Statutory demands, insolvency and bankruptcy
  • VAT and Tax relief for bad debts

Debt Management Agencies

  • Credit checking agencies
  • Factoring companies
  • Specialist legal services
  • The courts
  • Debt collection agents

Communication

  • Telephone Communication
  • Written Communication
  • How to deal with customer responses

Course Duration

Students may register at any time and have a full year to complete their studies.

Assessment

The course will take the form of a series of written assignments which are submitted and marked by your tutor. There is no external examination.

Study Method

The course is designed for study by distance learning at home or at work. Students receive a course manual, assignments and study guide plus tutor support by mail or email. You can start at any time and plan your studies over a period of up to one year from the time of registration.

Qualifications

At the end of this course successful learners will receive a level 3 NCFE Award certificate of achievement. That means that it is independently accredited at a level of learning equivalent to level 3 on the National Qualifications Framework (NQF) for England, Wales and Northern Ireland. 

You can read more about NCFE and our awarding bodies here: Awards

Course Questions & Answers

Q: What skills are needed to enrol onto this course?

This course does not require any previous skills.

Q: What is included in the cost of my course?

  • Student record bag
  • Pen
  • Mouse mat
  • Study guide
  • Comprehensive study notes
  • Personal tutor support
  • Assignment marking and feedback
  • Accreditation

Q: Do I have to sit an exam?

No. Each module is followed by a written assignment, which is submitted and marked by your tutor. There is no external examination required.

Q: Are there any additional costs?

No, everything you need is included in the price!

Q: What do I do if I still have questions?

For further information please contact us.

 Course  Course

I don't think I could have gotten the job at a finance company without this course, thanks!

Jun 2, 2008 Leigh Crockett, Lancaster
Open Study College student

See all reviews for this course »

NCFE
25% off - until 20th February
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£479.00 £359.25

Study method

Payment plan

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