By Michaela Koh
A lot of people tend to think of negative things when thinking of debt collectors. However, associating with them can also help you propose different repayment solutions as a lender — that’s why knowing the best debt collector in Singapore can be a great help!
Many of us are not familiar with searching for a skilled and reliable debt collector, though. Therefore, we’ve narrowed down the top service companies that offer excellent consultations and resolutions.
1. National Debt Collector
|BEST FOR||Flat Rate Debt Collection Services|
National Debt Collector is a premier debt collecting agency trusted by local and international as well as small and large businesses alike. The agency’s reputation in the field is highly commendable, as it is fully licensed and bonded, under Singapore’s Consumer Protection Act and Lemon Law.
Choosing National Debt Collector for your debt collecting needs means you won’t need to worry about losses time and again. The expert team at this agency is capable of bringing back your money where it rightfully belongs.
Aside from their Third-Party Debt Collection, National Debt Collector also offers Judgment Recovery and Asset Location.
- Free quotes
- Offers Legal and Personal Services
- Good accuracy and effective skip tracking
- No collection, no fees
2. Rocket Debt Collection
|BEST FOR||Responsible Debt Collection|
|ADDRESS||21 Bukit Batok Crescent #15-75 Wcega Tower Singapore 658065|
|CONTACT DETAILS||9862 2379 or 68507751|
Rocket Debt Collection prides themselves for their agents in which they call Ninjas. Enforcing a strict code of conduct for all their Ninjas, they behave and conduct themselves in absolute fairness, respectful and law-abiding methods when in contact with all parties to ensure objective dealings for all parties concerned.
Rocket Debt Collection also provides an impartial mediation service to assist in resolving any existing conflict to smoothen the collection process and help lessen the stress for all parties involved.
- Corporate Debt Collection
- Mediation Services
- Invoice checking
“I have been using Rocket Debt Collection for my company and have also recommended them to business partners that requires debt collection services.
Thus far, my business partners and I have nothing but good things to say about their recovery rate.
Their customer service is prompt in providing updates. Their recovery team is diligent in helping recover the debts.
You know this because they update you with pictures on their debt collection process, for each and every case you assigned them to look into.
Highly recommend anybody looking for a trustworthy debt collection agency to seriously consider Rocket Debt Collection.”
3. JMS Roger
|BEST FOR||Free legal consultation|
|ADDRESS||71 Ubi Road 1 Oxley Bizhub 1, Lobby 4 #10-45 S(408732)|
|CONTACT DETAILS||6635 1318|
|OPERATING HOURS||Monday to Friday: 11am–6pm|
JMS Roger is also one of the leading debt collection companies in Singapore. They’re equipped with a skilled team that has years of experience when it comes to legal counselling, marketing, tracking, and more.
Their services cater to individual, business, local, and overseas debt collection. They’ve also been in the industry for more than 10 years — that’s why they know how to make tailored approaches for each case.
- Legal counselling
- Overseas debt collection
The clients complimented the professionalism and rapid process of JMS Roger. Some said that there are also delays during the festive season but they were able to manage it.
Hence, they’re still the best debt collector in Singapore for most clients. Here’s the feedback posted on Google Reviews:
“JMS Rogers possesses a loyal customer base and is viewed as the person to go to by returning customers. I was recommended by one of their previous customers and true enough they managed to get back the money in part payments. I then had another friend who was scammed and referred her to. Professional plus speedy and trustworthy guys. Keep up with the great work!”
4. Alan & Steiner Debt Recovery Pte Ltd
|BEST FOR||Personal and commercial loans|
|ADDRESS||60 Paya Lebar Rd, #09-38, Singapore 409051|
|OPERATING HOURS||Monday: 24 Hours
Tuesday to Friday: 8:30am–8pm
A company that has been doing debt collection in Singapore for over a decade, Alan & Steiner Debt Recovery Pte Ltd is one of the most well-known in the field.
Their services include both personal and commercial loans. They’re also in compliance with laws and regulations so you can be sure that you’ll be in good hands.
They offer all types of debt collection such as debt recovery, where you’ll be advised about documentations and all negotiations to restore the debt. Moreover, they can prevent possible termination of the companies that owe you money.
So whether you’re paying a debt or someone owes you one, you can count on their expertise and services. This is why they’re considered one of the best debt collectors in Singapore.
- Debt restoration
- Personal and commercial loans
- In compliance with laws and regulations
Most of their clients were impressed by the professionalism and smart strategies of Alan & Steiner Debt Recovery Pte Ltd. A client from Google Reviews gave this feedback:
“Our company , Leiko , contracted Alan & Steiner Debt Recovery since Feb 2018 and they have recovered nearly 90% worth of our bad debts which we have difficulties collecting for the past 5 years. We found Alan & Steiner efficient and ethical as they charge a very reasonable fees as compared to others. Their process is very streamlined and have achieved great success with our cases assigned to them. We are more than happy to recommend them to our customers and anyone who request. Really must thank them for the great work that they have completed for us.”
5. Atradius Collections
|BEST FOR||Online debt recovery platform|
|ADDRESS||AXA Tower #22-02 8 Shenton Way Singapore 068811|
|CONTACT DETAILS||+ 65 6372 5300|
|OPERATING HOURS||Monday to Friday: 9am–6pm|
Atradius Collections is a bit different from the previous options. Their e-commerce debt recovery platform is what sets them apart from the rest.
With their digital setup, you can now get free quotes within a few minutes, submit cases online, monitor progress, and contact your manager. All of these can be done online, which means that it’s less time-consuming and very convenient.
They offer services including debt collections, invoice checking, legal collections, and more. As they’re one of the longest-operating debt collection companies, many consider them to be the best debt collector in Singapore.
- E-commerce debt recovery platform
- Invoice checking
- Insolvency services
6. DMS Debt
|BEST FOR||Corporate debt collection services|
65 Ubi Crescent #03-03 Hola Centre
22 Sin Ming Lane #06-76 Midview City
DMS Debt takes pride in its management team that consists of ex-police officers, ensuring a reliable and honest service. Because of their skills and experience, they have a high success rate, making them one of the best debt collectors in Singapore.
They own a group of companies that handle different kinds of debt-related cases. With their wide range of services, you’ll surely find the best option for you.
- Refund services
- Mostly associated with corporate companies
7. SDCS (Singapore Debt Collection Service) Holdings PTE LTD
|BEST FOR||Overseas debt collection|
|ADDRESS||2 Venture Drive #13-32 Vision Exchange Singapore 608526|
|OPERATING HOURS||Mondays to Fridays: 9:30am – 6:30pm
Weekends/Public Holidays/After office hours by appointment only.
SDCS Holdings PTE LTD features a broad range of services such as individual and corporate debt collections, tracking and private investigator services, and even international debt collection.
Each procedure is handled with a well-trained team that’ll ensure a higher rate of success. They’ve also been featured on several media outlets, proving that they’ve received great responses from both local and international clients.
- International debt collection
- In-house legal services
- Tracking services
Many clients have recommended SDCS Holdings PTE LTD for their overall services. They mentioned the faster recovery and excellent tactics of the team.
These achievements have made them a part of the best debt collectors in SIngapore. A client gave this review on Google Reviews:
“I’m writing this review to compliment their sales personnel Kenneth and his team in successfully recovering a scam debt that I got myself into.He and his team acted swiftly upon receiving my case,a debt that I took 5months but to no avail and they could manage to recover for me within 2 weeks. Overall it was a very good experience engaging them to assist me in getting back my money,he went through step by step and guided me through this entire 2 weeks on what to do. Would definitely recommend Kenneth and his team to anyone I know who is in need of help to recover any forms of monetary debt.”
8. Accurate Debt Recovery Pte Ltd
|BEST FOR||Transparent Services|
|ADDRESS||18 Kaki Bukit Road 3
Entrepreneur Business Centre
|CONTACT DETAILS||6909 0757 | [email protected]|
Accurate Debt Recovery’s service can help you save time, resources, and effort in collecting money. With their service, you can monitor what’s going on with your collection process with complete and regular status.
All of their debt collection solutions focus on getting the quickest result in the most cost effective manner.
They acknowledge that each of their client has unique requirements especially in debt collection, thus they offer personalized services with guaranteed attention to detail.
- Personalized Services
- Receivables Management
- Credit Consultancy
That’s our list of the best debt collectors in Singapore! Keep in mind that when it comes to financial decisions such as loan repayments, you should take a lot of time before deciding on the right partner to negotiate with.
Have you ever experienced failed results with debt collector companies? Let us know about it and how you dealt with it.
To know more about individual loans and be aware of your possible selections, see these best personal loans in Singapore. This will help you maximize your options and prevent scams or other unreliable sources.