A loud buzzing noise may be the key to coaxing high-risk customers into payments.
For dealers who want to track poor credit customers who default or make late-payment fees, the new Payment Reminder Buzzer, by Rocky Mountain Tracking, may help.
The product couples with RMT’s Smart Tracker GPS device, a tracking device controlled remotely by the dealer.
The Payment Reminder Buzzer can sound in the customer’s car every five minutes, the moment a payment has been missed. Ultimately, dealers can control when the buzzing starts, and how long it continues, after a late payment is missed.
For high-risk dealerships constantly worried about low-credit customers, but are eager to receive late payments, the buzzer may just be what they want to hear.
The buzzer is an option on the Smart Tracker and can be activated and deactivated remotely using RMT’s NavIQ software.
