What is Consumer Debt? Consumer debt consists of personal debts that are owed as a result of purchasing goods that are used for individual or household consumption. Credit card debt, student loans, auto loans, mortgages, and payday loans are all examples of consumer debt. These stand in contrast to other debts that are used for investments in running a business or debt incurred through government operations.
We as (Prestige Debt Management Limited), undertake debt surveillance and monitoring on debts that may have been written off by companies and upon confirmation of changes in the customers financial circumstances will duly advise our clients.
is an alternative method, designed for a group of Clients who (due to various reasons) are not interested in selling their debts.
During the whole process of receivables management we represent the belief that payment of debt is debtor's duty and recovery of receivables is a basic right of our Client. On the other hand, we know that it is often difficult and sometimes even impossible – and it is not because of ill will of the debtor. That is why for debts which were not repaid during pre-legal collection or those which were not recovered by means of debt enforcement proceedings, we offer a debt surveillance service.
Let Prestige Debt Management Limited do the work for you.