Tuesday, September 1st marks the start of Delinquency Awareness Month at the National Cooperative Credit Union (NCCU) Ltd., an initiative focused on increasing awareness of loan delinquency and encouraging members to take proactive steps toward financial recovery.
The inaugural campaign is being hosted under the theme “RESET & RECOVER: Your Path Back to Financial Freedom.” The month of awareness and engagement officially begins with a video launch address by NCCU Chief Executive Officer, Curth Charles.
As part of its ongoing efforts to address loan delinquency, NCCU has recently introduced additional measures aimed at encouraging borrowers to meet their loan obligations. These include a Patronage Refund Programme and the public listing of the names of delinquent borrowers.
Throughout Delinquency Awareness Month, NCCU will engage members and the wider public on the importance of maintaining good credit, fulfilling loan commitments and taking the necessary steps to regain financial stability.
The campaign is intended to reinforce the message that financial setbacks do not have to be permanent, and that with the right support, commitment and action, borrowers can reset their financial journey and recover.
