Extended Delinquency Focus
Settle Plus targets cases with extended delinquency, focusing on borrowers who have not repaid their debts for 180 days or more.
Product suite
Intelligent settlement automation
Settle Plus
Redefining Debt Resolution for Prolonged Cases
Empower borrowers, streamline settlements, Settle Plus is your dedicated ally for resolving extended delinquency with intelligence, transparency, and collaborative solutions.
What you get
Faster Resolution
Higher Acceptance
Lower Cost
Better Experience
Overview
How Settle Plus works
01
Settle Plus is an extension of the Robo Collect product wherein the borrower can self-create a settlement request and put it across to the lender for evaluation and approval.
02
The borrower has the option to propose the desired settlement amount, split it into parts, and add remarks if required.
03
Settle Plus targets cases with extended delinquency, focusing on borrowers who have not repaid their debts for 180 days or more.
Read the full overview
Settle Plus is an extension of the Robo Collect product wherein the borrower can self-create a settlement request and put it across to the lender for evaluation and approval. The borrower receives a link or webpage where all the details of the defaulted loan are published.
The borrower has the option to propose the desired settlement amount, split it into parts, and add remarks if required. Once the inputs are submitted, the request reaches the lender to take it up for further settlement processing.
Settle Plus targets cases with extended delinquency, focusing on borrowers who have not repaid their debts for 180 days or more. The platform addresses the unique challenges associated with long-standing overdue accounts.
Capabilities
Built to Lift Recovery at Every Touchpoint
Automated Settlement Offer Generation
The system automates the generation of settlement offers, presenting borrowers with feasible and fair amounts for resolution.
Approval Predictions
Settle Plus utilises intelligent algorithms to predict settlement amounts that are likely to be approved by lenders.
Borrower Empowerment
Borrowers are empowered to self-select payment plans that suit their financial situation.
Transparent Communication
Settle Plus promotes transparent communication by providing clear and understandable settlement offers.
Efficient Debt Resolution
By automating settlement processes and involving borrowers in the decision-making, Settle Plus accelerates the debt resolution timeline.
Outcomes
What Settle Plus changes for your Portfolio
Faster Resolution
Accelerates settlement timelines through borrower self-service and automated offers.
Higher Acceptance
AI-powered approval predictions align proposals with lender policy and borrower capacity.
Lower Cost
Reduces manual negotiation effort for long-standing delinquent accounts.
Better Experience
Transparent, self-guided settlement journey improves borrower trust and cooperation.
Settle Plus is a strategic addition to the debt recovery toolkit, offering an intelligent and efficient solution for extended delinquency cases. By empowering borrowers and streamlining lender evaluation, the platform optimises the settlement process for mutually beneficial outcomes.
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