Exasoft has a ready to go solution for motor finance claims. Utilising our 30+ years experience within the rectification space, we have a solution ready to go for motor finance complaints.
We have seen changes in approach to rectifications over recent years with the approach to missed payments leading to different outcomes for the consumer.
Ensuring the correct approach is paramount to ensure the correct redress is paid and that calculations don't have to be carried out more than once.
Key elements of our calculator;
- Process cases with minimal data
- Apply FCA formula to calculate redress
- Detailed figures available showing the motor finance over the duration of the agreement
- Calculations cater for missed payments, payment holidays, early settlements and adhoc payments
- Early settlements with / without the settlement figure
Utilising our core Redress Manager engine you can be sure our calculations will fulfill your requirements for single entry and/or a proven automated batch process.