Finance

iMetrik-COLLECT


Reduce Repo Costs

Cut down on approximately 50% of delinquent loans that need repossession with iMETRIK- Collect.

Reduce your collection costs with iMetrik-COLLECT collection management system

At a time when providing automotive financing is riskier than ever and approximately 30% of sub-prime loans require collection activities, reducing payment defaults and related collection costs is the only way to keep your profits healthy. iMetrik-COLLECT payment protection is your solution.

Now you can interact with a vehicle remotely using satellite and wireless networks and the iMetrik password-secured, web-based application.

  1. Our payment protection system can be embedded in a vehicle in as little as 10 minutes
  2. Once the collection management system is installed, you can use the Warn feature to remind the driver that a payment is overdue. The driver will hear a loud beeping for a full 30 seconds every time the ignition is engaged
  3. If repeated warnings are ignored, you can use the starter-interrupter to disable the starter remotely so the vehicle will not start
  4. When a payment is made, you can enable the starter remotely, allowing the driver to resume use of the vehicle
  5. If no payments are made even after disabling a vehicle, the GPS can locate a vehicle in just a few seconds for repossession

Drivers cannot remove the collection management device without your knowledge, because a Power Loss Alert is sent to you immediately if the power supply is removed by tampering.

iMetrik is the tool your collection agents need to increase their effectiveness

Used in combination with more traditional collection methods, iMetrik-COLLECT payment protection will increase “on-time” payments. If repossession does become necessary, our GPS locator will also reduce repossession costs by disabling and locating the vehicle in a short amount of time.

We can train your collection agents on the best way to use iMetrik-COLLECT to reduce your collection costs. IMetrik-COLLECT will cut down on the approximately 50% of delinquent loans that result in repossession. Our web-based collection management system can automate the control of high-risk clients and significantly reduce the rate of skips and repossessions, saving you time and money.