Level 3 Award in Dealing with Particularly Vulnerable Consumer Debtors


100% Online / Admission open 2024
Course code: L3-APVCD-BA / Undergraduate / Computing and IT / Credits: 5

Overview

Level 3 Award in Dealing with Particularly Vulnerable Consumer Debtors offers a dynamic learning experience tailored for the modern digital era. Through interactive teaching methods, real-world case studies, and practical insights, this course equips professionals with the skills needed to navigate the complexities of managing debt in today's fast-paced environment. Participants will engage in hands-on activities, discussions, and simulations to enhance their understanding of best practices when dealing with vulnerable consumer debtors. Whether you are a seasoned professional or new to the field, this award provides valuable knowledge and tools to excel in the ever-evolving landscape of consumer debt management.

Course units

• Understanding vulnerability in consumer debt
• Legislation and regulations relating to vulnerable consumer debtors
• Identifying signs of vulnerability in consumer debtors
• Communication strategies for dealing with vulnerable consumer debtors
• Support services available for vulnerable consumer debtors
• Assessing the impact of vulnerability on debt repayment
• Developing tailored debt management plans for vulnerable consumer debtors
• Managing challenging situations with vulnerable consumer debtors
• Ethical considerations when working with vulnerable consumer debtors
• Monitoring and reviewing support for vulnerable consumer debtors

Entry requirements

There are no formal requirements for specific prior qualifications or levels of attainment. However, if you have not already achieved a level 2 qualification in English and/or maths, you will normally be expected to take a GCSE or Level 2 Functional Skills qualification alongside this Diploma in order to support your progression to higher education

Fee and payment plans

Duration
The programme is available in two duration modes:
- 6 months
- 9 months


Course fee
The fee for the programme is as follows:
6 months - Fee: GBP £1499
9 months - Fee: GBP £1199


Payment plans
The programme offers following fee payment plans:
● Payment option (a): GBP £499 x 3 monthly instalments
● Payment option (b): GBP £1425 x 1 instalment (We offer 5% bursary on total fee for students opting to pay in full)
● Payment option (c): GBP £239 x 5 monthly instalments
● Payment option (d): GBP £599 x 2 quarterly instalments
● Payment option (e): GBP £1140 x 1 instalment (We offer 5% bursary on total fee for students opting to pay in full)

Accreditation

The qualification is delivered by Greenwich School of Business and Finance (GSBF) and it is awarded by a regulated awarding body.

Enrol now

1. Complete the online enrolment form and pay the enrolment fee of GBP £20.

2. Wait for our email with course start dates and fee payment plans. Your course starts once you pay the course fee.

Enrol Now

Career roles

Debt Recovery Specialist
Debt Collection Agent
Financial Counselor
Credit Analyst
Debt Relief Specialist
Consumer Advocate

Key facts

The Level 3 Award in Dealing with Particularly Vulnerable Consumer Debtors is designed to equip individuals with the necessary skills and knowledge to effectively manage debtors who are particularly vulnerable. Key learning outcomes of this qualification include: ● Understanding the legal and ethical considerations when dealing with vulnerable consumer debtors ● Identifying signs of vulnerability in debtors and implementing appropriate support measures ● Developing strategies to communicate effectively with vulnerable debtors ● Applying techniques to negotiate repayment plans that take into account the debtor's vulnerability This award is highly relevant to professionals working in the debt collection and financial services industry, as it provides them with the tools to handle sensitive situations with empathy and professionalism. Distinct features of this qualification include practical case studies and scenarios that allow learners to apply their knowledge in real-world situations. Additionally, the course is delivered by experienced industry professionals who provide valuable insights and guidance throughout the learning process. Overall, the Level 3 Award in Dealing with Particularly Vulnerable Consumer Debtors is a valuable qualification for individuals looking to enhance their skills in managing vulnerable debtors effectively.

Why this course?

The Level 3 Award in Dealing with Particularly Vulnerable Consumer Debtors is a crucial qualification for professionals in the debt collection industry. This certification equips individuals with the necessary skills and knowledge to effectively handle sensitive situations involving vulnerable consumers who may be experiencing financial hardship. In the UK, the demand for professionals with expertise in dealing with vulnerable consumer debtors is on the rise. According to the Office for National Statistics, the number of individuals struggling with debt has been steadily increasing over the past decade. In fact, the Money Advice Service reported that over 8.3 million people in the UK are over-indebted, highlighting the urgent need for trained professionals who can provide support and guidance to these individuals. Furthermore, the Bureau of Labor Statistics projects that jobs in the debt collection industry are expected to grow by 15% over the next decade, indicating a growing demand for skilled professionals in this field. By obtaining the Level 3 Award in Dealing with Particularly Vulnerable Consumer Debtors, individuals can position themselves as valuable assets in the industry and make a positive impact on the lives of vulnerable consumers.
Statistic Percentage
Number of over-indebted individuals in the UK 8.3 million
Projected growth in debt collection jobs 15%