Cogent E Services Telli Caller Interview Questions and Answers

Collection refers to the process of recovering unpaid debts from borrowers.

• Collection is a crucial part of the lending process.

• It involves contacting borrowers who have failed to make payments on their loans.

• The goal of collection is to recover the unpaid debt and bring the account up to date.

• Collection can be done in-house or outsourced to a third-party agency.

• Examples of collection methods include phone calls, letter

Credit card allows you to borrow money while debit card uses your own money from your bank account.

• Credit card allows you to borrow money from the bank while debit card uses your own money from your bank account.

• Credit card charges interest on the borrowed amount while debit card does not.

• Credit card has a credit limit while debit card has a spending limit based on the available balance in your account.

• Credit card can ...read more