The Future of Debt Collection: Say Hello to IOUumpire
Lenders: How to collect on non-performing debt without a call center and humans. Once upon a time, in a far-off land, there was a debt collector named Jill who worked in the Empathy Cash Advance Lending collections department. At first glance, her job may seem intimidating, but Jill had a heart full of empathy, humor, …. Read More
Subprime Consumer Collection Portals: Integrating with AI to Collect Your Past Due MONEY!
An Effective Self-Service Portal Why sell your defaulted paper for $.04 on the dollar? Balance sheet Lenders continue to sell their “old paper; typically 45+ days past due for $.04 on the dollar to 3rd-party debt collectors. Your borrower owes you $1000. You sell your paper for $40! STUPID! Why? White-labeled platforms employing AI [Artificial …. Read More