HOW IT WORKS?
We're here to help you understand the process of proving debt maturity on our website
Work Strategy
step
01
Online Debt Verification
The creditor must prove the debt maturity electronically on the website by mentioning the amount of debt and the maturity date.
step
02
Debtor Accept
The debtor must accept the process of proving debt maturity.
step
03
Negotiation in Case of Delay
In case of delaying maturity date, the debtor and creditor negotiate with each other creditor can edit the maturity date.
step
04
Swtle Send Reminders
The website sends reminders to the debtor when approaching the maturity date.
step
05
Prove Payment Electronically
If the debtor paid off his debt, the creditor would prove it electronically.
step
06
Late payment consequences
If the debtor does not pay on time, his account will be blocked And his credit rating will be downgraded; moreover the site will pay a 10% fine on the amount due.
step
07
Debt collection actions
Our team will contact the debtor to pay it off if he insists on not paying, our team will take legal procedures against him also and he will bear all the costs of the legal procedures
