Delinquent Payments Research Articles

Prevention, resolution, or counseling: Testing three approaches to reducing debt payment delinquencies in a large‐scale field experiment

AbstractIn this study, we partnered with a large credit union to conduct a 10‐arm field experiment aimed at reducing delinquent payments on installment debts. This experiment tested common behavioral interventions such as payment reminders against more novel approaches such as magnet reminders and savings accounts that automated emergency savings. It also tested the impact of offering financial counseling services. Our findings indicate that the email reminders—which emphasized resolving current delinquencies in some treatments and preventing future delinquencies in others—were effective at reducing moderate and severe payment delinquency rates. Other, more intensive treatments, which required participants to enroll in a new account or financial counseling, likely did not have an impact due to low takeup rates. We also find limited evidence that certain interventions were more effective for individuals with higher credit risk.

Pengelolaan Piutang Dagang Perusahaan

Accounts receivable is one of the important assets for a company. Effective management of accounts receivable can contribute to the company's financial success and reduce the risk of losses due to delinquent payments. The management of accounts receivable involves a series of activities that include determining credit policies, monitoring customers, effective collection, handling bad debts, and reporting, as well as the use of appropriate information systems. Companies need to have a clear credit policy to control customer credit risk. In addition, regular customer monitoring can help identify customers who have poor payment potential or are experiencing financial difficulties. PT Elegant Indonesia located at Jalan Lintang raya Kav F7 Sentul Industrial Estate, Bogor is a private company engaged in the automotive sector that sells products such as car seat covers, sofa covers, motorcycle seat covers, velvet carpets, and other car accessories. PT Elegant Indonesia's operational activities are carried out on credit. So that it will cause receivables and management of these receivables. Therefore controlling it is needed (SOP) so that it has a good impact on the company. The purpose of this study is to discuss the understanding, of the importance of managing accounts receivable. Keywords: Trade Receivables

Perlindungan Hukum Peserta Program Jaminan Hari Tua pada Badan Penyelenggara Jaminan Sosial Ketenagakerjaan atas Penunggakan Pembayaran Iuran oleh Pemberi Kerja

The research objectives were to analyze the legal protection of participants of the old age guarantee program as well as the threat of sanctions for companies that delinquent payment of Social Security Agency for Employe (BPJS Employment) dues. The research used a juridical-sociological approach with a type of sociolegal research. Data sources in the form of primary, secondary, and tertiary data were analyzed qualitatively. Legal protection of participants of the old age guarantee program consisted of preventive legal protection, namely through Government Regulation Number 60 of 2015, and repressive legal protection based on internal Standard Operating Procedure (SOP) from BPJS Employment provided if the company in question delinquent dues payment. The threat of sanctions for companies that delinquent payment of BPJS Employment dues was in the form of administrative sanctions, although in practice the sanctions were considered ineffective to be applied.

PENGARUH KELENGKAPAN PERSYARATAN ADMISI PASIEN BPJS TERHADAP EFEKTIVITAS PELAYANAN DI RSUD KABUPATEN SUMEDANGPENGARUH KELENGKAPAN PERSYARATAN ADMISI PASIEN BPJS TERHADAP EFEKTIVITAS PELAYANAN DI RSUD KABUPATEN SUMEDANG

This study aimed to determine the effect of completeness of admission requirement for BPJS (Social Insurance Administration Organization) for inpatients on to effectiveness of admission services in Sumedang General Hospital. Data collection method is by distributing questionnaires and interview which is equipped with literature review that have close relevance to the subject matter. The result showed Spearman rank correlation coefficient value 0.97 is in the interval from 0.8 to 1.000 which is categorized as very strong and it is known that the completeness of admission requirements for BPJS patients hospitalized affects the effectiveness of admission services by 94, 09%. As for the obstacles in completing BPJS patient admission requirements are, (1) NIK (Population Registration Number) BPJS is not in accordance with the NIK contained in the KTP / Family Card, (2) Patients with delinquent payments / late from the 10th to pay BPJS health insurance and (3) No BPJS center facilities in Sumedang General Hospital. The advice given are that the (1) Family / patient should not ignore the NIK contained on the BPJS card when they making the BPJS health insurance, (2) Family / patient must consider about the payment of BPJS insurance payment ant make it as priority, the payment not later than 10th in every month and (3) Sumedang General Hospital should have special facilities or rooms for BPJS centers, so that everything that is problematic with the health BPJS card will be quickly handled

Factors Affecting Compliance Paying BPJS Kesehatan Mandiri in Road Care Patients in Hospitals

Compliance is consistency or inconsistency to instructions or rules. Compliance in paying dues means the behavior of someone to pay dues appropriately based on a predetermined time. In Kota Solok, 5,758 (61%) did not have compliance in paying contributions. The irregularity of JKN participants in paying dues will have an impact on the guarantee of health services in available health facilities, one of which is the Level IV Hospital of Solok City in collaboration with BPJS Health.
 This study aims to determine the factors associated with compliance paying independent BPJS contributions to outpatients at Level IV Hospital in Solok City. This type of research is a quantitative study using a cross sectional study design. The population in this study were patients participating in the BPJS Mandiri who visited the Outpatient Installation of Level IV Hospital in Solok City with an average of 77 visitors each month. The samples in this study were 64 samples taken using the accidental sampling method. Data analysis performed was univariate and bivariate analysis with chi square test.
 Based on the results of the study note that of 64 respondents there are 64.1% who are compliant in paying BPJS Health contributions independently. Variables related to compliance paying dues in outpatients at Level IV Hospital in Solok City were education (p=0.002), employment (p=0.002), income (p=0.004), knowledge (p=0.002), perception (p=0.019) and motivation (p=0.039). Suggestions to BPJS Health to provide socialization or information to BPJS Health participants about the BPJS Health Program from the time of payment, method of payment, and sanctions for delinquent payments.

Formulasi Strategi Perbaikan Kinerja Perusahaan Properti Pasca Akuisisi (Studi Kasus: PT XYZ)

PT XYZ is one of property companies that involved in apartment and condotel business in Yogyakarta. At present, PT XYZ had decreased in revenue due to decreased in unit sales and delinquent payments by existing customers. These problems made the company’s performance decrease so the company sold 38 percent of its shares to PT ADP and PT TBR. Together with the new management composition, the company strives to improve its performance. Therefore, a strategy formulation is needed to make the company performance being improved again. Interviews were conducted with informants selected by purposive sampling to identify company’s internal and external strategic issues. The IFE matrix (Internal Factor Evaluation) and EFE matrix (External Factor Evaluation) are used to evaluate company’s internal and external conditions. SWOT matrix (Strength, Weaknesses, Opportunities, and Threat) is used to find alternative strategies to improve company performance. There are five alternative strategies to improve company performance after acquisition, namely: (1) rebranding the names of apartments and condotels; (2) increase promotion and sales activities; (3) improve good relationship with consumers; (4) make value added for the apartments; (5) recruiting experienced sales employees.

MANAJEMEN PENGELOLAAN RETRIBUSI PASAR DALAM MENINGKATKAN PENDAPATAN ASLI DAERAH DI KOTA KENDARI

This study aims to find out how the management of market retribution in increasing Regional Original Revenue in the Lapulu market Kendari City. The approach of this study is a qualitative approach with a type of descriptive qualitative research. The technique of collecting data is done through observation, interviews, and documentation. The data analysis technique used consists of data collection, data reduction, data presentation and conclusion drawing.The results of this study indicate that: planning in terms of setting targets that have been arranged is optimal. This can be seen from the determined and implemented stages of targeting that are carried out every year, but the achievement of targets has never been fulfilled due to lack of awareness of traders or mandatory retribution in terms of paying retribution. The conclusion of the study was that the implementation of market retribution management in increasing Regional Original Revenue in the Lapulu market in Kendari City was not effective due to the lack of intensive collection of mandatory levies, delinquent payment of levies by traders for various reasons so that the realization of market retribution did not reach the planned target.

Pengaruh Kompensasi Terhadap Tingkat Produktivitas pada PT. Summit Oto Finance Cabang Bogor

Providing appropriate and equitable compensation is essential. “ Compensation is intended as retribution (reward) of the company to sacrifice time, energy, and thoughts that have been granted to the company’s employees, then the company duly appreclate the hard work of employees by way of remuneration or compensation in kind ti them. Compensation and not a continuous process that moment. Compensation is a means to anticipate a situation that could reduce productivity. Employee productivity problems associated also with the right of every worker to earn a decent living opportunities for people. To be able to enjoy a decent life is not obtainable without a guarantee of incime and wages that can be generated by the presence of sufficlently high labor productivity. As a reward of productivity achieved karyawan. Rata average compensation inthe form of a basic salary of Rp 779,568,00, an average allowance of Rp. 1,56,868,00 and the average incentive ig Rp. 737,057,00. The collection og employee productivity (billing) is obatained from a large collection target value set by the company to be billed to the customer for which payment is stalled motorcycles and delinquent payments on certain areas divided by the realization that reached every employee billing in the month. Employee productivity level of collection in August 2008, the average productivity of employees by 78% of categorized collection baik. Pengaruh compensation to labor productivity levels of labor in the PT bogor summit Oto Finance Brand as follows : (1) Effect of base salary to the level og labor productivity sig valuse obtained for 0,237 > a = 0,05 other words there is no influence of the basic salary of labor productivity levels . (2) The effect of the level of work productivity benefits gained sig value of 0,177>a = 0,05 in other woeds there is no effect on the level of work productivity benefits . (3) effect of incentives on the level of labor productivity obtained sig value of 0,002 <a = 0,05 in other words there is an incentive effect on the level of labor productivity.

The Power of Non-Monetary Incentive: Experimental Evidence from P2P Lending in China

The adoption of reputational sanctions in the P2P segment of the Chinese consumer finance market offers a unique opportunity to test the impact of reputational concerns on repayment behavior in a clean experimental setting. In a privately implemented randomized controlled trial of 18,000 late borrowers, we show that, within 24 hours, late borrowers are sensitive to increasing monetary benefits but equally responsive to the announcement to proceed with the release of information about delinquent payments to mobile contacts, as per loan agreement. In joint schemes, the social incentive neutralizes the benefits of increasing the generosity of the monetary incentive. Ex-post reminders and monetary punishment are largely ineffective. Borrowers who respond to early incentives largely pay-off the loan on time. Mobile data overcome the physical presence of communities to tackle moral hazard and precisely identify effective credit monitors, even in the absence of their actual involvement.

Wpływ przeterminowanych należności na kondycję polskich przedsiębiorstw – analiza branżowa

The article deals with an analysis of the phenomenon and consequences of deferred payments in transactions between companies. It paid attention to the fact that the vast majority of entities are constantly exposed to the negative consequences of this phenomenon. In the content, an analysis of the current situation of enterprises and the impact of overdue receivables in key sectors of the Polish economy have been discussed. The position of entrepreneurs concerning payment delays and their causes has been presented. The issue of overdue receivables is discussed in the branch cross-section, taking into account the characteristics of particular sectors. The attention has been drawn to the fact that delinquent payments are one of the main causes of the financial troubles of businesses that may ultimately result in their bankruptcy. At the same time, it was signaled that the same phenomenon produces different consequences in different entities depending on their size.

IMPLEMENTASI PEMBIAYAAN MURABAHAH DALAM MENINGKATKAN PROFITABILITAS

Product mura bah ah, is the most dominant product in use by fnancial institutions shari‘ah, Murabah ah is selling goods at the original price with the added advantage that is agreed between the bank with members. Cooperative financial services shari ‘ah Arjuna in serving the fnancing of the dominant members are also using contract mura bah ah, because in addition to proft-promising, offense or supervision are also very minimal. This study is a qualitative research with a holistic approach, with the aim of knowing the implementation of fnancing mura bah ah, proftability and service systems that do KJKS Arjuna. Implementation of fnancing mura bah ah in the Cooperative Financial Services Shari‘ah Arjuna in accordance with the theory of murabahah, even in the last fve years the cooperative does not have diffculties or financing problems are to seize collateral. That is a guarantee that was seized because members of delinquent payments or out of the agreed rules of both or a member defaults. Most cooperative members to direct fnancing products murabah ah because of the risks faced very light compared to products mudarabah or qord ul h asa n. So the views of the percentage murabahah 60%, 20% mud Arabah, qord ul h asa n 15%, murabahah greater in the distribution of funding.Proftability at Financial Service Cooperative Shari‘ah Arjuna increasingly declining, this is due to the marketing system that is in the cooperative still exist, seen from the structure of the organization is still no marketing department or marketing, whereas in competition shariah business in the area Purwosari, Islamic banks or cooperative Shari ‘ah that offer a margin of 1.2 percent just KJKS Arjuna. Keyword: Murabahah, Proftabilitas, Sharia Cooperative

Irregular Access to the Power Distribution Network in Brazil’s Residential Sector: A Delinquent Payment Problem, or the Quest for a Right beyond the Law?

Clandestine residential consumers should not be rubber-stamped as criminals. Siphoning off electricity does not constitute an illegal action, but is rather the only alternative open to marginalized layers of society who rate electricity in their homes as a right to which they should have access.

Abnormal Payment of Home Mortgages in Taiwan

Slightly delinquent payment and prepayment of home mortgage are frequent in Taiwan. Compared with other countries, the phenomenon is very special. This paper constructs a new home mortgage model that fits the Taiwanese situation of slightly delinquent payment and prepayment of home mortgage. In the model, a loan can be classified into seven financial states, including current, delinquent 8-30 days, delinquent 31-60 days, delinquent 61-90 days, delinquent 90+ days or default, prepayment and paid off. This paper attempts to use the matrix of transition probability among alternative states and, then, applies the logistic regression model and the multinomial logit regression model to analyze the influence of factors on abnormal payment and loan state transfer. Analytical results indicate that the following factors are significant in explaining abnormal payment: educational level, marital status, loan amount, loan-to-value ratio, loan source, and loan, status. Compared with other countries, educational attainment and loan status are particularly influential in Taiwan. Taiwanese financial institutions can use the results from this study when drafting administrative policies for home mortgages.

Student Loan Delinquencies: The Role of Exit Interviews

This study examines the effectiveness of exit interviews as tools for reducing or predicting student loan delinquencies. Specifically, the article examines the relationship between delinquent payments in the first year of repayment and completion of the exit interview; identifies characteristics of borrowers most likely to complete interviews voluntarily; and investigates the relative effectiveness of exit interviews conducted in person compared to those completed through mailed documents. Results indicate that borrowers who do not complete exit interviews are significantly more likely to have delinquent payments than are those completing the interview process. Also, of the characteristics examined, academic level at the time the last loan is received and race are related to exit interview completion. The study also found that the type of exit interview conducted (whether in person or by mail) is not related to delinquency in the first year of repayment.