Debt collection is a crucial aspect of the financial industry, with a growing need for professionals who understand the intersection of law and psychology in this field. The Professional Certificate in The Intersection of Law and Psychology in Debt Collection is required to meet this demand and ensure that professionals have the necessary skills and knowledge to navigate the complexities of debt collection.
Industry Demand Statistics |
Statistics |
Number of debt collection agencies in the UK |
over 4000 |
Amount of debt collected in the UK annually |
£1.3 billion |
Percentage of UK adults in debt |
around 20% |
With over 4000 debt collection agencies in the UK and £1.3 billion collected annually, the demand for professionals with expertise in the intersection of law and psychology in debt collection is evident. Additionally, with around 20% of UK adults in debt, there is a pressing need for professionals who can effectively navigate the legal and psychological aspects of debt collection to ensure fair and ethical practices.