Credit is an essential if not a critical part of the everyday life of ordinary men and women, business, society, and economies. It is useful in equal measure for personal income emergencies and income cycles, to smoothen production-distribution cycles, and for capital projects. Like even individuals, when Banks lend money, they expect to be paid back. But many things can go wrong: from both the borrowers’ side and from the part of the Bank.
Some people are just crooks and would trick the finance institutions to get the money they never intend to pay back. But most people and businesses which fail to pay back on their credits have genuine reasons for the default. They may have overestimated their cash flows, market trends would have moved against them, natural occurrences may have affected sales, there may be unexpected delays on their receivables.
These unanticipated events would no doubt in turn affect their ability to make good their obligations to the lender. In some cases, both the Banks and the customers were over-optimistic with their expectations. Bank credit decision-makers are human and may end up making mistakes and judgment errors.
Unfortunately, in Ghana, there is hardly any specialist service providers to tell the customers story to the Bank in a way that the Banks understand and thus may be willing to agree to a mutually acceptable settlement and so both lender and creditor end up in needless yet expensive and lengthy litigation. That’s where EasierCredits comes in: to help Banks and their customers resolve their credit problems for mutual benefit. EasierCredits is associated with Trustis Corporate Restructuring Services Ltd.
Team Trustis includes experienced Bankers and finance professionals, lawyers, and colleagues with extensive experience in problem credit accounts management and recovery experts who therefore understand your problem and would:
1. Listen to both sides.
2. Work with defaulters to understand their situation and advice best work out options.
3. Provide advice on credible, workable solutions.
4. Negotiate between the counterparties.
5. Leave both creditor and debtor happy, save genuine persons from sleepless nights and businesses from simply going under when in fact they could be saved, they can thrive, and even grow.
Let’s get beyond the shame, guilt, and stress of unintended debt. Our commitment is to fix your credit problems and give you a stress-free quality of life. Start your journey to a debt-free life with EasierCredits today! We Fix it!
