First Collection International (FCI) has served several top credit insurance corporations, multinationals and some of the leading accountancy firms in the world. They have specialized in efficient and effective debt collection for over 20 years now. During their service, they have come across multi-million claims and have successfully represented several institutions across the globe ranging from government departments to sole traders. Their prowess and professionalism cannot are unmatched. They believe they are different and better, all the time.

Their Assistant Recoveries Manager stated, “International debt recovery and collection can be a very complicated and costly matter for any business. For instance, if you reside in the UK and your debtor is dwelling in Tanzania, recovering your debt effectively might be a real issue due to logistical challenges. Communication and negotiation with debtors can be a problem due to linguistic differences. FCI has an extensive international network and presence that allow them to deliver their services quickly and recover loans easily.”

FCI has a deep appreciation of the laws of the Republic of Tanzania. As such, they are able to deliver ethical and professional debt recovery and collection services. They have a huge network of debt collection agencies and leading law firms that makes it easy for them to deliver prompt and effective services. They use a reporting system, tailored to their client's personal needs, culture and type of business to ensure they achieve their goal. They do their job ethically thereby making debt collection in Tanzania possible. They offer services like doing onsite visits, legally and ethically contacting debtors, and cost-effective litigation. Further, they will ensure secure and prompt transfer of the recovered money to their clients.

The Assistant Recoveries Manager added, “UK creditors usually find it hard to pursue bad debts by German borrowers due to the challenges involved. Language barrier, legal complexities and to spend more money in recovery are some of the problems. At First Collect International, this is where you will need us. We exist expressly as an international debt collection service with a network of lawyers and debt collectors across Germany and beyond. Once you engage us, we will commence the collection process in any corner and nook of the country. Get in touch with us for effective debt collection in Germany.”

FCI believes that debtors default since they believe that creditors will not be able to find them overseas. In most cases, lenders lack sufficient information necessary to collect debts in conjunction to some other reasons known to them. Firstly, they will send a letter of notice upon default to the debtor via email indicating that the debt is outstanding and a legal action may ensue if they do not pay. They will try to opt for an out-of-court agreement with them if possible or begin a legal suit in pursuit of the debt. They work in collaboration with multilingual professionals and retained lawyers to take quick action against adamant defaulters.

About First Collection International

First Collection International (FCI) acknowledges that as long as an institution is in the business of offering credit facilities, they will have to encounter slow-payers who potentially introduce bad debts. They advise lenders to only issue credit to borrowers who they are sure can pay up in time to avoid credit hitches. They welcome all credit companies on board for effective debt recovery.