Loan Servicing

  

Collecting the interest. Collecting the eventual principal to be paid back. That's what loan servicing is all about.

You'd think that servicing a loan wouldn't be a whole lot of work. If any. Like...don't computers do all of that, these days?

But no. The issue is that a sad number of borrowers don't pay the interest they owe on time. So they have to be bugged and hassled and given grief to get the dough back to the bank. Or their home/car/stereo system with vibrating chairs gets repossessed.

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