iMasFinance Debt Recovery Learnership Programme 2024-2025: This is a golden opportunity for unemployed youth to apply to the iMasFinance Debt Recovery Learnership Programme. Today in this article we will tell you all about applying to the iMasFinance Debt Recovery Learnership Programme step by step, how you can apply for it, and what will be the process. Hope you all will read this article completely, so let’s move towards the whole process and understand it step by step thoroughly.
The 12-month Leanership programme is available to suitable individuals who wish to obtain a qualification in Debt Recovery whilst gaining practical working experience. The Learnership Candidate will earnestly undertake all learning and tasks provided in order to obtain the stipulated NQF qualification. Candidates will capitalise on every opportunity presented, learn from every activity, and in so doing gain, much desired work experience.
Stipend: R5 000 pm

Company Detail
- Company: IMasFinance Co-Operative
- Location: Centurion, South Africa
- Closing date: 01 November 2024
Responsibilities:
During the learnership programme, the learners will be exposed to the following but not limited to:
- Secure promise to pay from members in arrears
- Attend to routine correspondence about collections or recovery issues
- Handle queries from debt collectors and members
- Solve practical problems and deal effectively with members.
- Ensure member information and collection activities are recorded on the IT system
- Report on portfolios
- Administer the repossession of vehicles and demands
- Liaise with valuators, tracers, sheriffs, and lien holders
- Handle legal collections queries and follow up on legal processes
- Monitor progress on judgements
- Assist in handover legal cases to debt collectors and attorneys
- Assist in managing portfolios for attorneys and debt collectors
- Assist with processing payments to attorneys and debt collectors
- Maintain internal and external relationships
Requirements:
- Grade 12 with standard Mathematics or Accounting
- Currently not registered for any studies
- Currently not working
- Opportunity is available to previously disadvantaged youth.
How to Apply
Apply Online for the iMasFinance Debt Recovery Learnership Programme 2024-2025

FAQ
What is the iMasFinance Debt Recovery Learnership Programme?
The iMasFinance Debt Recovery Learnership Programme is a 12-month program aimed at unemployed youth. It offers participants the opportunity to gain practical working experience while obtaining a qualification in Debt Recovery.
Who can apply for this learnership?
Candidates who meet the following requirements can apply:
- Hold a Grade 12 certificate with standard Mathematics or Accounting.
- Are currently unemployed.
- Are not registered for any other studies.
- Are from previously disadvantaged backgrounds.
Where is the program located?
The learnership is based in Centurion, South Africa.
What are the responsibilities of learners during the program?
Learners will be exposed to various tasks, including:
- Securing payment promises from members in arrears.
- Handling correspondence and queries related to collections.
- Managing legal collections and repossession of assets.
- Liaising with debt collectors, attorneys, and other stakeholders.
- Recording collection activities in the IT system.
Is there a stipend offered?
Yes, learners will receive a monthly stipend of R5,000.
What is the duration of the learnership?
The program runs for 12 months.
How do I apply for the iMasFinance Debt Recovery Learnership Programme?
Detailed steps for applying are usually provided in the official announcement. Be sure to follow the outlined application process carefully.
When is the application deadline?
The application deadline for the 2024-2025 learnership program is November 1, 2024.
Can currently employed individuals apply?
No, this opportunity is specifically for unemployed individuals.
What happens after the program?
Upon successful completion of the program, learners will have obtained a qualification in Debt Recovery and gained valuable work experience, which can enhance future job prospects.
Conclusion
My friends, I hope that all of you have got a lot of help from this article, if all of you have got help from this article, then share this article as much as possible with your friends and relatives so that they can also know about this iMasFinance Debt Recovery Learnership and they can also apply for it, so that’s all in today’s article, see you with a new blog, till then with this article of ours.