OKHOR OKHOR
VEHICLE COLLATERAL & LOAN SERVICING

Connect every auto loan to its physical vehicle.

Mitigate default risk across your entire auto finance portfolio. Combine full loan amortization, penalty allocation rules, and delinquency aging with real-time collateral telemetry and compliant starter disablement.

87%
REDUCTION IN DEFAULTS
< 4 hrs
AVG RECOVERY TIME
99.8%
PORTFOLIO TRACKING
PORTFOLIO RISK MONITOR · LOAN-98421
14 DPD
LOAN BALANCE
$17,820
ORIGINAL: $24.5K
INSTALLMENT
$645 / mo
PRIN + INT + FEE
COLLATERAL
ONLINE
BATTERY 12.6V
2022 Toyota RAV4 XLE
VIN: 2T3C1RFV9NW0481 · BORROWER: O. BALOGUN
LOCATION: LEKKI PHASE 1
ODOMETER: 38,420 KM
Grace period expired (10 DPD). Penalty profile triggered ($25 fee + 0.5% daily).
Automated SMS reminder dispatched with payment link. Starter interrupt armed.
COMPLETE AUTO FINANCE INFRASTRUCTURE

Every tool required to service and protect automotive loans.

From contract generation and amortization to delinquency mitigation, starter interrupt, and repossession.

01 · LOAN SERVICING & SCHEDULES

Full Amortization Engine

Generate flexible amortization schedules with down payments, trade-in equity, simple/compound interest, and balloon payments.

  • Weekly, bi-weekly, semi-monthly, and monthly terms
  • Custom installment allocation (fees → interest → principal)
  • Automated payoff quote calculations with per-diem interest
  • Loan restructuring and loan modification agreements
02 · PENALTY & GRACE RULES

Automated Penalty Profiles

Configure dynamic penalty profiles that calculate late fees according to regional lending regulations and contract terms.

  • Custom grace period days (e.g. 5, 10, 15 days)
  • Fixed late fees, percentage-of-payment, or daily accrual
  • Automatic waiver controls for authorized payment extensions
  • Full audit trail of all fees assessed and collected
03 · PORTFOLIO MONITORING

Delinquency Aging Buckets

Categorize your loan portfolio into dynamic risk buckets (1-30 DPD, 31-60 DPD, 61-90 DPD, 90+ DPD) with automated action triggers.

  • Automated SMS and email reminders with 1-click payment links
  • Borrower promise-to-pay (PTP) tracking & callback scheduling
  • Automated loan loss reserve & provisioning reports
  • Portfolio health metrics (PAR 30, PAR 60, NPL ratios)
04 · REAL-TIME COLLATERAL

Live Collateral Tracking

Always know the real location, true ECU odometer reading, and operational health of financed collateral.

  • Sub-second GPS positioning with multi-network roaming
  • Cross-border and regional unauthorized transit alerts
  • Cut-wire & battery disconnect emergency notifications
  • Tamper-proof odometer tracking prevents mileage fraud
05 · COMPLIANT INTERRUPT

Stationary-Safe Engine Cutoff

Engineered with strict safety firmware: never disables a moving vehicle. Starter interrupt only activates when speed ≤ 5 km/h and parked.

  • Pre-disablement warning buzzer and SMS alert countdown
  • Emergency 24-hour temporary borrower override code
  • Full audit logging for regulatory compliance
  • Instant re-enablement upon payment receipt reconciliation
06 · RAPID RECOVERY

1-Click Repossession Portal

Generate encrypted, time-limited live tracking links for repossession agents and law enforcement without exposing your main database.

  • 12h / 24h expiring live pinpoint link with turn-by-turn map
  • Average vehicle recovery time reduced to under 4 hours
  • Reduces recovery agent fees and skips tracing costs
  • Digital repossession order and condition checklist capture
CORE BANKING & LOAN SERVICING APIS

Integrate with your loan servicing software.

Sync vehicle collateral data directly into your loan management system via REST JSON:API and Webhooks. Auto-trigger payment reminders, loan payoff releases, and lien updates.

SAMPLE WEBHOOK PAYLOAD
{
  "event": "loan.delinquency_escalation",
  "loan_id": "LOAN-98421",
  "borrower": {
    "name": "O. Balogun",
    "phone": "+2348030001122"
  },
  "financials": {
    "loan_balance": 17820.00,
    "days_past_due": 14,
    "penalty_applied": 25.00,
    "next_installment_due": 645.00
  },
  "collateral": {
    "vin": "2T3C1RFV9NW0481",
    "speed_kmh": 0,
    "geofence_status": "WITHIN_HOME",
    "starter_interrupt_armed": true
  }
}
PROTECT YOUR AUTO LOAN PORTFOLIO

Stop non-performing auto loans before they start.

Speak with our enterprise lending telemetry architects for custom volume pricing, starter interrupt compliance documentation, and API sandbox access.

87%
DEFAULT REDUCTION
< 4h
AVG RECOVERY
99.8%
ASSET TRACKING