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        • Loss mitigation

          re-imagined.

          Help financially stressed customers

          in minutes with intelligent automation.

          LEARN MORE

          Webinar: Outperform your loss provisions: Increase recoveries through loan restructuring

          Modeling loss projections in a pandemic is largely based on macroeconomic factors with no visibility to the duration or recovery. So what can lenders do within their control?

           

          Join us to discuss three key strategies to reduce charge-offs, increase recoveries and drop net credit losses in order to drive loss savings. Discussion includes game-changing approaches to restructuring consumer and auto debt.

          ON DEMAND

          Constant+ Loss Mitigation Platform Receives 2020 AI TechAward

          For Best in Consumer AI Technology

          LEARN MORE

          ​Constant Recognized as 2020 Benzinga Global Fintech Listmaker

          For Innovation During COVID-19

          LEARN MORE
        • Constant+ Loss Mitigation Platform Receives 2020 AI TechAward

           

          ​Constant Recognized as 2020 Benzinga Global Fintech Listmaker

        • Instant everything.

           

          Dan, our charming chat bot, crafts the right relief option for each customer's situation, relying on real-time, open bank data and investor policy. Loan modifications, recasts and workout options are his specialty.

          SEE A DEMO
        • The Constant+ Platform.

          The brain behind our bot-driven solutions is the Constant+ platform. All of our CARE modules offer end-to-end, automated loan restructuring along with workout options like short sale and deed-in-lieu of foreclosure for MortgageCare. Our platform integrates with LOS or collections platforms quickly via API.

        • Hardship relief built for the 21st Century.

           

          Constant's predictive insights and automated relief options get borrowers paying faster.

          1

          REAL-TIME

          ABILITY TO PAY ANALYSIS

          With COVID-19, what's happening now, not 30 days ago, determines ability to pay.

          2

          FAST, ACCURATE

          SOLUTIONS

          Lots of data and intelligent automation take the guesswork out of which relief options to offer.

          3

          LOWER COSTS,

          LESS ERRORS

          People are expensive. Manual processes are prone to errors and don't scale well.

          4

          ENGAGED BORROWERS

          Weeks or months is too long for a loan modification or workout. Borrowers expect fast results.

           

        • Out with the old.

          Manual, paper-based approaches result in payment interruptions and drag down returns.

          LOAN MODIFICATIONS ARE EXPENSIVE.

          Loss mitigation efforts are very manual and usually reserved for high dollar loans like mortgages. Applying this strategy to troubled, lower dollar or unsecured debt is too costly and is not scalable - until now.

          OLD DATA LEADS TO FLAWED SOLUTIONS.

          Without a real-time snapshot of financial stress, relief options won't be right-sized. Using lagging indicators like bureau data to predict default is more likely to lead to re-defaults and higher collection costs.

          PEOPLE MAKE MISTAKES.

          People are a valuable and necessary expense in servicing. But they make mistakes. Errors can impact entire portfolios, create a drag on returns, and cause compliance headaches.

          BORROWERS WANT ANSWERS FAST.

          Nearly everything is automated today, and borrowers want answers fast. Paper applications, lengthy wait times and redundant calls frustrate people and perpetuate the risk of default.

        • In with the new.

          Always on, constantly crunching real-time customer data, AI Dan makes offering hardship relief at all stages a breeze.

          SEE A DEMO

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        Get In Touch

        1-207-494-5009

        hello@constant.ai

        © 2020 Constant Energy Capital Management, Inc. All rights reserved.

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