As with any lending business, device financiers are exposed to credit risk, which refers to the risk of default by borrowers. Device financiers may be particularly vulnerable to credit risk if they lend to borrowers with limited credit histories or lower credit scores.
How Recover EMI Payments On Time
Finance companies can reduce their risk of losses due to payment defaults and protect their financed devices with FDL Device Finance Risk Management Platform.
Some Advanced Features of FDL Finance Device Locker
When a finance company enrolls a phone with FDL Pro or FDL Ace, the financier can lock that phone if the customer does not pay his EMI on time. Apart from this, you can also see the location of the finance phone, financier will also get SIM swap notifications and auto/manually send due EMI payments alerts to finance phone.
- Financier Lock Finance Device Online
- Financier Send Payments Alerts & Reminder
- Find Finance Phone Location
- SIM Swap Alert
- Upload Customer Documents on Cloud
- Manage EMI Ledger
- Anti Thief
- Activate Device with SIM Number
- Finance Phone App Lock
How FDL Finance Device Locker Work
FDL Ace One Touch Enrollment is a simple, quick, and powerful platform to secure your payments.You have to download FDL ACE android application from the google play store and create an account with your business details and flow step
Do You Need Custom Device Finance Risk Management Solutions?
FDL custom device finance risk management software provide a comprehensive solution for identifying, analyzing, and managing financial risk. By implementing such software, organizations can reduce the likelihood of financial loss and increase the effectiveness of their risk management programs. Read More
