Rightfoot delivers critical borrower data, helping consumer lenders avoid account freezes and improve collection rates.
Consumer lenders face unprecedented challenges, from regulatory and compliance, to soaring interest rates, to skyrocketing defaults. Rightfoot's data gives you the knowledge to take control in a constantly changing landscape.
Small Dollar Lenders will soon lose the ability to withdraw payments from accounts where two consecutive attempts have failed.
Inflation is significantly impacting your customers, and credit bureau data is not telling the full story.
Collections teams operate blindly, treating all borrowers the same leading to missed payments and wasted resources.
Validating borrower hardship is lengthy & manual. Automatically validate cash flow and offer customer-first, data informed settlement options.
Your customer gives Rightfoot permission to access their data in your loan docs, ACH agreement, or similar.
You share customer data to authenticate account ownership & activity such as: SSN, DOB, Address, AN/RN.
Continuously monitor, avoid failed payments, and drive collections, adding significant growth to your bottom line.
Don’t fund overdrawn accounts — ensure borrowers have sufficient funds before releasing loans
Track account balance trends to proactively manage collections
Focus only on accounts with funds and enable partial payments
Save time and money verifying hardship claims and executing settlements
Seamlessly onboard, continuously monitor, and smartly collect with customer data at your fingertips.
Don't let two strikes cost you - Rightfoot ensures your customer has sufficient funds before you pull a payment.
Reduce failed payments and maximize recoveries by prioritizing accounts with data-driven precision.
Rightfoot has given us visibility that we never thought was possible.
Rightfoot’s innovative solutions provide unparalleled benefits, particularly in ensuring lending compliance and adherence to the CFPB Small Dollar Rule.
Rightfoot helps us seamlessly identify and prioritize high risk accounts, mitigating our losses.
Rightfoot is game changing for our business, giving us the clarity we need to make informed decisions.