SpringCoin is now offering what the Silicon Valley startup calls the first automated debt relief coach with human expertise.
For banks and credit unions, the new learning-focused debt management service helps turn bad customers into good ones, reduces future defaults, improves collection rates and provides other monetization opportunities, the company said.
SpringCoin said the service delivers a transparent, a no fair share DMP replacement product, ensuring that consumers know exactly how much of their money is paid to creditors and the company at any given time.
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