Ticking Off All The Gaps In Debt Resolution Process
We have a proven track record of bad debt collection using AI, ML and Best in class service. We are one of the most trustworthy bad debt recovery agencies in India.
Monthly Volume
Transparent
Compliant
Industry-focused
Debt Collection Services For Your Business
Our aim is to increase collections efficiency by rightfully getting back what belongs to you. Steering our way from following up with borrowers through phone calls, physical visits and emails, we chose a smarter method for debt collection using combination of Artificial Intelligence, Machine Learning, Communication platform and consistent efforts by dedicated resources. Unique blend of predictive analytics by industry experts and customer behavior by technology makes us the preferred bad debt recovery agency in India.
Our Services
Debt Collection
We have developed strong skill sets and infrastructure to handle large volumes of data.
Bad Debt Resolutions
With our ML and AI driven model, we are delivering much better results in Bad debts or NPA resolution.
Vintage and Skip Collections
With our deep understanding and technological advancements, we are able to resolve a very good number of accounts for our existing clients.
Matured Portfolio
Our deep insight, predictive analytics model and service expertise, brings dead book records to life.
Legal Services
We can handle all policy related matters, guidance on regulatory framework, design legal framework, etc.
Legal Recoveries
The next level of the NPA resolution process includes sending digital notices, physical notices, mediation, arbitration, arranging lok adalat, filing suits, etc.
Debt Assignment Consulting
We have a specialised team which does consulting assignments and works as a bridge between Banks/NBFCs/MFIs and ARCs.
Other Services
From initiating the discussion to closure of the transaction, our team would ensure that both the parties are completely satisfied.
frequently ask question
What is the default?
Default is when a borrower fails to make timely payment of the due amount as per a predefined payment structure. For example, it could be either interest payment or interest and principal amount payment.
In simple words, default is when the borrowers fail to pay bills on time.
What happens when payment of debt is not paid within the stipulated timeline?
A lending institution initiates the debt collection process.
Moreover, when you don’t pay your debt on time, you might find yourself in a situation where you have to pay fines and interest. You might also have to pay additional fees for late payment or non-payment of debt.
What is debt collection?
Debt collection is the process of pursuing payments of debts owed by individuals or businesses. It involves the collection of overdue installments, due penalties, imperfect obligations, or any other charges.
What is a debt collection agency/debt recovery agency?
An organization specializing in debt collection is known as a debt collection agency or debt recovery agency. These agencies work as per the process guidelines defined by lending institutions.
How can a debt collection agency contact me?
Debt collection agencies can contact the borrower via different communication modes or make a physical visit as per the defined process by the lending institutions.
Do I have to pay a debt collector?
If you owe money to a Creditor, you are responsible for paying it. However, there are many negative consequences of not paying an overdue debt and going to collections.
However, it is essential to check the person’s identity and ensure that the lending institution authorizes the person to collect money from you.
What happens if I don’t pay my dues/loan amount?
When you fail to pay the borrowed amount as per the agreed payment schedule, the payment default is reported to credit bureaus periodically. Therefore, this default or delayed payment reflects in your credit report.
Every lender institution follows guidelines given/set by regulators. Accordingly, your account is being reported to credit bureaus. There are various stages of default. Therefore financial institutions take action.
What is a Credit Report?
A credit report is a history of your credit behavior and contains detailed information on your loan and credit. Credit Reports are obtained from Credit Bureaus.
How do credit bureaus get my information?
Credit bureaus get information from your creditors, such as banks, NBFCs, credit card issuers, auto finance, or housing finance companies.
How does default on a card/loan affect my credit score?
Any default in credit card or loan payments will negatively reflect your credit score. The longer your dues remain unpaid and the greater the frequency of unpaid bills, the harsher the impact on your credit score.
However, if your payment is regular and if your credit score is good, it will be considered a healthy credit report