Last updated: January 2024
Handling such a situation regarding collecting delinquent debts could be hard and tons of work and time-consuming for you, especially if you are a business owner.
By the time you are reading this, we are pretty sure that you are currently looking for a helping hand from someone who can collect on unpaid consumer credit cards and other types of loans, haven’t you?
If we’re just going to talk about the best and top debt collectors, Kuala Lumpur (KL) Malaysia would always be one of the best cities in Malaysia to go to to find the best debt collector that you are looking for.
In the past, anyone could set up a debt collection agency without being registered or regulated in any way.
But today, here in KL Malaysia, there are rules and regulations that govern debt collection agencies.
If you have only heard about these debt collectors yet don’t have much knowledge about it, this article is a good read–so be sure to read this up until the conclusion to not miss any important information.
One of the simplest methods for you to return attention to your company’s operations while someone else takes care of the debt collection process is by hiring a debt collection agency.
To begin, let us first discuss to you which are the things and responsibilities of a debt collector that you should expect to get from them.
What are the Roles and Responsibilities of a Debt Collector?
If you will be needing the help of a debt collector, specifically here in KL, you must first be sure of if they would be really the right one to hire by understanding what their roles and responsibilities are and what they are capable of.
Customer debts owed to a company or business owner are collected by a debt collector, often known as a collection specialist.
As part of their responsibilities, they organize and maintain a record of the accounts of customers who still owe money.
They also communicate with debtors to learn more about their payment status and bargain with clients about payments and payment plans.
In an effort to get paid, they frequently bargain for installments.
A debt collector may also be responsible for the following:
- Observe allocated accounts to spot any unpaid debts.
- Respond to inquiries and complaints
- Look into and correct inconsistencies in payments or accounts.
- Create a strategy for collecting unpaid debts.
- Discuss payment schedules or dates for payback.
Now, would these roles and responsibilities fit your current needs?
If so, keep reading as we will already be sharing the top 10 best debt collectors here in KL Malaysia!
Top 10 Best Debt Collectors in Kuala Lumpur Malaysia
1. Chain Resources (M) Sdn. Bhd.
Chain Resources (M) Sdn. Bhd. – Debt Collector Kuala Lumpur Malaysia
The primary goal of Chain Resources is to support customers nationally with outstanding business and consumer debt collections.
They have a reputation for retrieving as much money as possible for their clients utilizing professional and moral methods while also protecting their clients’ reputations.
They combine monitored phone conversations, in-person visits, and if required, legal correspondences in a professional and compassionate manner, which results in a high success rate for collections.
Chain Resources is always striving for a 100% recovery rate in Malaysia.
Services Available
- Debt Recovery
Address: S-G-37, Maxim Citylights Sentul, No. 25, Jln Sentul Pasar, 51000 Kuala Lumpur, Malaysia
Contact: +60 3-2779 0707
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2. Aiqon Capital
Aiqon Capital – Debt Collector Kuala Lumpur Malaysia
Numerous of the biggest banks and financial organizations in the world are partners in business with Aiqon Capital.
Aiqon is one of the major industry companies in the Asia Pacific area, particularly in Malaysia, with more than 20 years of expertise in the debt management sector.
The primary business activity of Aiqon Capital is the provision of a complete debt recovery solution, which includes both debt servicing and debt acquisition, for banks, financial institutions, and businesses.
Services Available
- Debt Purchase
- Debt Collection
Address: 45th floor, Menara Felda, Persiaran KLCC, Kuala Lumpur City Centre, 50088 Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia
Contact: +60 3-2612 3000
3. Zuri Group of Companies
Zuri Group of Companies – Debt Collector Kuala Lumpur Malaysia
Mr. U Thamotharan has amassed considerable experience in the field of debt collection since 1998.
He has a wide range of experience, including claims for corporate collections and problems with financial services, notably credit card collections.
Under his direction, their company is now making strides toward becoming a top-tier debt recovery business in Malaysia.
Services Available
- Credit Recovery
- Legal Services
- Collection Pick Up
Address: Suite UP 702, 7th Floor, Sun Complex, Jln Bukit Bintang, Bukit Bintang, 55100 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia
Contact: +60 3-2145 2539
4. Orion Asset Management & Associates
Orion Asset Management & Associates – Debt Collector Kuala Lumpur Malaysia
Orion Asset Management & Associates is a debt collector in Malaysia that complies with the fair debt collection guidelines put out by Bank Negara Malaysia.
To assist you in accelerating and recovering your cash flow, they have planned an innovative account receivable management and debt collection solution.
On the other hand, they are not here just to recover debt, they are here to recover their client’s time as well by offering professional debt collection.
Services Available
- Professional Debt Collection
Address: SetiaWalk, Persiaran Wawasan, Block G-10-3A, Pusat Bandar Puchong, Selangor, Puchong, 47160 Kuala Lumpur, Selangor, Malaysia
Contact: +60 3-8659 1362
5. Stable Option Sdn. Bhd.
Stable Option Sdn. Bhd. – Debt Collector Kuala Lumpur Malaysia
In order to learn everything there is to know about your debtors, Stable Option Sdn Bhd collaborates with governmental institutions and other pertinent sources.
Additionally, they have an entire branch of tracing that is tasked with finding missing debtors in Malaysia and in particular nations with accessible worldwide networks.
Currently, one of their best features is their insurance policies, which may protect you for up to RM250,000 and range in price from RM10,000.
Services Available
- Debt Management Consultancy
- Monitoring
- Corporate Collection
- Professional Correspondence
- Final Notice Stationery
- Customized Collection System
- Risk Management
- Payment Arrangements
- Searches & Credit Reporting
- Tracing Department
- Investigation Services
- In House Legal Services
- Technology
- Summary Progress Report
Address: SUITE 2B 2ND FLOOR NO.221, Wisma LTS, 217-221, Jln Pudu, Pudu, 55100 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia
Contact: +60 3-2116 1616
