Rectify Credit - Credit Repair Service in India - PowerPoint PPT Presentation

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Rectify Credit - Credit Repair Service in India

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At RectifyCredit our core objective is to help you at every stage of credit life cycle and re-establishing your good credit profile. RectifyCredit has a team of highly qualified and experienced professionals with domain expertise in credit risk. – PowerPoint PPT presentation

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Title: Rectify Credit - Credit Repair Service in India


1
Safety Net Consultants Pvt LtdStrengthening
your creditability
  • What We Do

1
2
Background and Ecosystem realities
  • World is heading towards double dip recession
    leading to major losses in jobs and earning
    capacities of the individuals.
  • Indians at large may also face the brunt of the
    global recession as the middle class may either
    shrink or sink due the global ecosystems.
  • Increasing home loan interest rates have added
    burden to individuals monthly obligations and
    banks are expecting increase in the defaults.
  • Acts like CICRA will impact majority of the
    Borrowers, in many ways.

3
The growing consumerism
  • When borrowers credit profile is damaged, chances
    of borrower getting credit product in future is
    impossible, which consumers are aware of it.
  • Credit underwriting is never stringent since 2007
  • Borrowers today have realized the importance of
  • Good credit habits / behavior
  • Possibilities of improving the credit score.
  • Importance of financial health
  • More than 50 of delinquent borrowers
    (statistically) see the benefit of healthy
    negotiations and settlement with lending companies

4
Rectify Credit - A unique alternative
  • Collection of outstanding debt through a win-win
    proposition for issuers and customers
  • Creating credit profile awareness and importance
    through knowledge imparting and counselling
  • Interpretation and advisory on clients credit
    profile based on credit report
  • Consulting and assistance on settlement with
    issuers and providing handholding services for
    credit profile improvement

5
Rectify Credit Differentiated Method
  • Rectify Credit is an official channel partner for
    CIBIL report generation by customers
  • Rectify Credit creates credit awareness,
    financial literacy and financial mentorship
  • Improvement of Credit History
  • Borrower is counseled and educated about the
    credit health resulting in the consequences of
    non payment / defaults
  • Rectify Credit assist borrowers for best possible
    negotiated Value to ensure CLOSURE of their
    defaulted accounts
  • Work with credit grantors / ARCs and borrowers
    to create a win-win situations

6
Rectify Credit Strong Foundations
  • Rectify Credits core founders are professionals
    with over 50 years of Banking and counseling
    experience.
  • Rectify Credit is a profit making institutions
    with a string customer centric approach
  • Rectify credit has established infrastructure and
    well experienced and well trained professionals
  • Rectify Credit has strong knowledge base and wide
    network in the credit management domain

7
Referral Program
8
Thank You
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