The Old Way
AI Debt Collection
Just enter their contact info and how much they owe
AI DOES ALL THE WORK
The AI will reach out by text, email, or social media to your customer and chat with them
HIGH RECOVERY RATE
Up to double the usual payments, due to our advanced technology
Demo Collections Bot
What We Offer
Repaid.ai is a cloud billing service that operates on your behalf. Our AI chatbot contacts the debtor using your company name, keeping the tone friendly. But, to show them the seriousness of their situation, we gave our AI the name "Collections Bot". Collections Bot customizes its tactics based on how the debtor behaves, and if they refuse to pay, it will threaten to take legal action. All of this is 100% automated and helps you get your money faster, with a higher recovery rate.
Consumer Debt Recovery
We collect personal loans, credit cards, automobile loans, payday loans, utility bills, and student loans.
Business Debt Recovery
We collect from sole proprietorships, partnerships, virtual/remote companies, multinational corporations, and all other types of commercial enterprises.
Frequently Asked Questions
No, a collections agency collects the money in their own bank account and gives you a percentage. Our AI acts as your billing agent and gets the debtor to pay you directly.
No, we try to take a less adversarial tone to the collections process, by having the AI work with the debtor to come up with a payment plan that they are comfortable with.
Because we are acting as an extension of your billing department, no paperwork (such as proof of debt) is required. We just need the debtor's contact info and the amount of their debt.
We will give you those accounts to a collections attorney, to use more threating methods to collect your money.