Collections

Increase repayment rate with a suite of collection products.Eliminate the manual and time-consuming process of managing thrift savings. Handle everything, from contributions to payouts, on a digital platform that protects your money and gives you the tools you need to grow your thrift savings business.

Recover loans in multiple waysProactively prevent delinquent loans. Select a primary collection method as well as a second option that is instantly activated if need be, minimizing the incidence of missed payments.

Automate repayment remindersReplace the tedious process of sending repayment reminders. Set up email and SMS sequences delivered to borrowers at preset intervals and frequencies, helping borrowers meet their payment obligations.

Repayment metrics at a glanceView important repayment reports like total repayments, due loans, closed loans, penalty fees and others on intuitive tables and dashboards. Get insights into your best-performing loan products and top collection methods and leverage the insights to make strategic business decisions.

Custom collection methods for different loan productsUse customer insights to create unique collection methods for each loan product, tailoring repayment methods to business needs and customers’ convenience.

Online and offline collections for lending businessesDebit mandates, tokenized debit cards, wallets and other collection methods that help you to securely collect payments from borrowers’ bank accounts. Loans are automatically closed once repayment is complete.

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