Fast Loan UK Launches Industry-Leading Autonomous Debt Recovery Module, Reducing Reliance on Collection Staff by 80%
Summary
Fast Loan UK has launched an Autonomous Debt Recovery Module that automates its full arrears management process. The company says the system cuts reliance on collection staff by about 80% while keeping customer handling aligned with FCA Consumer Duty and responsible lending rules. The module guides accounts through the collections lifecycle, schedules contacts, escalates exceptions, and integrates with the existing loan management stack. Fast Loan UK says the deployment improves efficiency and opens the door to further development of the platform.
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