Confused about how to collect debts well, politely and fail-proof? Don't worry, there are several methods available here that you can try when you want to collect debt.
Some people still feel reluctant when they want to collect debts because they are afraid of offending the feelings of the person being charged. In fact, collecting debts and getting your money back is a right that must be fought for.
Here are several ways to collect debts politely and well without offending feelings, namely:
1. Use Good Language
If you want to collect a debt from a friend, make sure you use smooth and kind language, OK?
Remember, don't offend your friends. Just talk about it face to face, so that you know the reasons why your friend hasn't been able to complete his obligations.
If he cannot pay off the debt in the near future, you can make another agreement. Starting from determining payment deadlines or providing relief in the form of monthly installments.
The most important thing in collecting debt here is to use good language. That way, friends will feel comfortable when telling them why they haven't been able to pay it off and try to resolve it immediately.
2. Remind About Payment Time
The next good way to collect debts is to remind you about payment times. You can remind him when the due date is approaching via short message, either WhatsApp chat or SMS with polite language. So, there is no need to meet in person to collect or remind you of the debt.
By reminding you of the payment deadline, you are also collecting your debt from your friend. Who knows, by reminding this, your friend will immediately pay his debt on the same day, right? Because, there are often some people who forget their debts and are happy to be reminded because it allows them to immediately complete their obligation to pay the debt.
3. Notify Required for Urgent Needs
When collecting debt, don't hesitate to say that you have an urgent need, so you need the money. For example, you need money for house renovations, paying for education, hospital fees and so on.
Through notification that you need something for urgent needs, people who have debt will definitely be moved to pay it off immediately. Still remember, you must convey this reason politely and in good language.
Yes, even though at that time you felt irritated because the debt had not been paid. However, make sure you remain patient and keep trying to make yourself pay off your debt. Especially if the debt has a large nominal value.
4. Extend Payment Deadlines
If necessary, you can extend the payment deadline if the borrower is still unable to pay the debt. Politely ask when he will pay the debt, then you can agree on a predetermined time.
When the specified deadline has arrived, you can collect the debt back according to the agreement. That way, the borrower will immediately pay off the debt they have.
5. Ask Your Closest Friends for Help
If the distance between your house and the person who has debt is quite far, then you can try asking your closest friend for help.
You can contact your closest friend, then convey in polite language that you want to ask for help to collect the debt from A (name of the debtor).
There is no need to mention the nominal because this will be considered impolite. Just ask for help to remind you, so that the friend who owes you money immediately contacts you and takes responsibility for the debt.
You can use this method if you have previously tried to contact the borrower, but there has been no response for a long time. However, if friends or people who owe money still respond, then there's no need to contact their closest friends.
6. Contact His Family
If something undesirable happens, for example your friend disappears and cannot be contacted, then you can try to contact his family. This had to be done considering that the previous method still could not make the borrower try to pay off the debt.
Try to contact the family via WhatsApp chat or directly to their house. Politely convey that one of his family members has a debt of that nominal amount and has not paid it off in a certain period of months.
Apart from that, you can also find out information about the whereabouts of friends who cannot be contacted. Through polite delivery, it is hoped that the family can understand and inform them of the whereabouts of one of their relatives. It is possible that the family can immediately pay off the debt that one of its members owes you.
7. Paying Debts in Installments
When a friend wants to pay a debt, but they don't have enough funds, you can offer to pay the debt in installments. It may take a long time, but you can accept it rather than having the debt never be paid off and having your needs not met, of course it will be more troublesome, right?
The size of the nominal amount paid in installments does not matter, the important thing is that he can immediately settle and pay off the debt.
To make it more comfortable, you can talk to friends who have debt about how much they can afford to pay in installments and the deadline. The chosen deadline can be weekly, monthly or other according to mutual agreement.
Try not to burden any party and just relax a bit, okay? If the borrower is in an unexpected difficult situation, ask him to explain the reasons honestly. That way, you can understand and make relief.
8. Report To The Authorities If There Are Criminal Elements
Finally, if the method of collecting debts through kinship or deliberation still does not produce results, you can report it to the authorities, especially if there are criminal elements.
In fact, there is no prohibition against reporting the borrower to the authorities. This is stated in article 19 paragraph (2) of the Human Rights Law which states that no one, based on a court decision, can be punished or imprisoned if the reason is that they are unable to pay their debts.
However, in article 497 of Law 1/2023 and article 379a of the Criminal Code, you can report the debtor (borrower) if there are criminal or criminal elements in the debt and receivable matters.
For example, buying goods with the result of being in debt without intending to pay it off, especially if this debt habit is used as a means of livelihood, can be punished for 5 years. Apart from that, you can also pay a fine for category V, which is worth IDR 500 million.
That's a polite and good way to collect debts that you can try with your friends. Your intentions in providing a loan are good, but sometimes there are some friends who are late in paying or unable to pay according to the specified time period. By collecting as above, hopefully your friend will immediately become aware and try to settle the debt using a method that is equally acceptable to both parties.
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