Recuvery - Manage Payments

The Recuvery - Manage Payments App provides a hassle-free way for customers to manage their outstanding balances, make payments, and stay on top of their financial commitments. Whether you need to set up a payment plan or make a one-time payment, our secure and easy-to-use platform has you covered.

Key Features:
- View Outstanding Balances – Get a clear overview of your debts in one place.
- Make Secure Payments – Pay via credit/debit cards, bank transfers.
- Receive Payment Reminders – Never miss a due date with automated notifications.
- Track Payment History – View past transactions and upcoming payments.
- Customer Support – Get assistance from the expert support team.

Recuvery makes it easy to stay in control of your payments and financial commitments.

APR Calculations: Minimum and Maximum Period for Repayment:

Recuvery facilitates payment plan requests from $300 to $20,000, with repayment periods determined by the agreed-upon terms between business and customers. APR is calculated based on the total fees and interest applied over the repayment period, expressed as an annualized percentage.
Example APR Calculation (Single-Payment Loan):
Requested Amount: $1,000
Repayment Term: 61 days
Estimated Fees & Interest: $150–$350
APR Calculation: (Total Fees ÷ Loan Amount) ÷ Loan Term (in years) × 100%
APR Range: 15% – 35%
Total Repayment: $1,150 – $1,350
Example APR Calculation (Recurring Loan):
Requested Amount: $1,000
Repayment Term: 12 months
Estimated Fees & Interest: Up to $350
Monthly Payment: $113.33
Total Repayment: $1,350
APR: 15% – 35% based on repayment structure
Minimum repayment period: 61 days
Maximum repayment period: 12 months
Maximum APR: 35%
Fees & rates are set by individual business
Note: APR calculations include all applicable fees and interest. No additional hidden fees apply beyond the agreed-upon terms