Aarya Loans Solutions is a privately held Collection Agency headquartered in a highly secure facility in Thousand Oaks, California.Our story began when our management team, a then very experienced group of Collection Industry veterans, decided that they wanted to build a collection product that was not just good, but great, using all they had learned with their combined 70+ years of industry experience.We built Aarya Loans Solutions around a core philosophy, “Surround yourself with the greatest products, associates, clients, and business partners” to which we attribute our continued success.
Our solutions, as well as our results, are unmatched in the Collections industry. We regularly recover 3 times the national average at 1/5 the cost, while maximizing customer and patient retention utilizing our Flat Fee collection program.
The combination of our great products, great associates, great clients and great business partners creates a winning solution for our clients and colleague and their customers.
Looking at the entire revenue cycle, we assist our customers in maximizing their recoveries at every stage.
We are honored that our employees voted Aarya Loans Solution one of the Best Places to Work in Collections by Aarya Loans Solution.
We believe that happy employees are more effective in serving our clients (and our clients’ clients too)!
Debt collection is the process of pursuing and recovering money owed by individuals or businesses who have failed to meet their financial obligations, such as repaying loans, credit card debt, medical bills, or other unpaid debts. Debt collection can be carried out by the original creditor, a third-party collection agency, or a debt buyer. Here are some key points and steps involved in debt collection:
We have partnered with dozens of industry associations and software providers. Our partners believe our services our services have been integrated into multiple software applications.
This allows our partners to offer their clients a seamless solutions, ensuring continued customers satisfaction and loyalty. To learn more about our partnership program
"Live Information at Your Fingertips" in the context of loan recovery likely refers to having real-time or up-to-date data and tools readily available to streamline and enhance the process of recovering loans. Loan recovery involves the collection of outstanding loans from borrowers who have not met their repayment obligations.
Real-time Payment Tracking: Access to a system that allows lenders to track loan payments as they are made, ensuring
that borrowers are meeting their repayment schedules.
Borrower Information: Instant access to borrower details, contact information, and transaction history to facilitate
communication and negotiations.
Risk Assessment: Current credit scores and financial information on borrowers to assess their ability to repay the loan.
Legal and Regulatory Updates: Stay updated on relevant laws and regulations that may impact loan recovery efforts.
Automated Alerts: Set up alerts for loans that are approaching default or for unusual account activity.
Payment Options: Offer borrowers various payment methods to make it easier for them to repay.
Collections Strategies: Access to data analytics and collections strategies to optimize the recovery process.
Documentation: Easy access to all loan documents and agreements, which can be crucial in legal proceedings.