Stores

For Your Search

Processing an EBO (Early Buyout) in Loan Pro

 

Introduction

EBO allows customers to pay off their loans before the scheduled term ends.

 

Step 1 – Populating Customer’s Account

Begin by populating the customer’s account with relevant information in Loan Pro.

 

Step 2 – Navigating to EBO Wizard

Select “Wizards” and look for “EBO Payoff.”

Click on “Open” on the right side of the EBO Payoff option.

 

Step 3 – Starting EBO Process

From the pop-up, click on “Start” to initiate the EBO process.

 

Step 4 – Logging Payment

Select “Log Payment” on the right side two times to continue with the EBO process.

 

Step 5 – Following Instructions

Follow the instructions provided on the left side of the screen to complete the EBO process.

 

Step 8: EBO Completion Confirmation

Once the instructions are followed, refresh the customer’s account and “Paid Off” should populate where and alert or promise would be.

 

Step 9: Customer Communication

Inform the customer about the successful EBO transaction.

 

 Note: The EBO Wizard should be used for EBO and Pay off Early requests. The amount the customer should pay is listed in the instructions in the wizard.

1207 Delaware Avenue Suite 190

Wilmington, DE, 19806

NB All sentences written in RED must be read verbatim.

[Agent]: Hi [Customer Name], This is [Agent Name] from Own Lease. How are you doing today?

[Pause for Customer’s reaction]

[Agent Respond accordingly]

I’m glad to hear you are doing ok. Just to confirm this is [ Customer First and Last Name]

N.B Do not proceed unless you get a definite yes. 

[Agent] I must inform you that “This is an attempt to get your account current and any information obtained will be used for that purpose. Also, this call may be monitored or recorded for quality assurance purposes. “

[Agent]: I see there is a payment due amount of [$] on your account. How would you like to make this payment today?

[Payment Disclosure] “OK [Customer Name], I have your permission to run the card ending in (last 4) for ($$$), is that correct?”

[Agent] “Thank you for your payment.”

“Was there something in the way your account was set up that caused this delinquency?” 

[Listen to the customer’s concern and provide assistance accordingly.]

[Agent Confirm Account Details]

(Customer Name). I’d like to confirm your account details.

As per my records, your current payment cycle is set to (….) and your due date is D/M. Does this match your pay cycle?

Additionally, could you please verify the last four digits of the card designated for your autopayments?

[Agent Recap] Please note your next due date is D/M for $

[Agent Recap] Was there anything else I could do for you today?

[Agent] Thank you for choosing Own Lease.  Have a great day!

A live agent can assist you with the buyout cost at any time, by reaching out to Own.lease 855-447-4921 direct text 866-875-3366

If you did not receive the email for your username and password to your inbox. Please check your spam/junk mail.

If is does not appear there go to About Disclosure – Own.Lease  and enter her email, then hit forgot password, it will allow them to reset it.

Login to your account to verify we are using the correct card for auto payment.

Call customer service to update your credit card or expiration date.

 

Please note that our policy allows for only one active lease per customer at a time.

Our devoted team empowers you and your staff, virtually, with comprehensive program knowledge. Elevate communication with customers through educational videos and tools. Seamless onboarding for existing and new team members, supported by a dedicated help desk for any queries. Empower, train, and thrive with us!

No, this is not a revolving lease agreement. Own.lease offers a lease-to-own option that enables immediate access to products with an initial rental payment.

FAQs

For Your Search

Processing an EBO (Early Buyout) in Loan Pro

Processing an EBO (Early Buyout) in Loan Pro   Introduction EBO allows customers to pay off their loans before the

View Article

Own Lease Mailing Address

1207 Delaware Avenue Suite 190 Wilmington, DE, 19806

View Article

Outbound Call Script

NB All sentences written in RED must be read verbatim. [Agent]: Hi [Customer Name], This is [Agent Name] from Own

View Article

Not able to see buy out online

A live agent can assist you with the buyout cost at any time, by reaching out to Own.lease 855-447-4921 direct

View Article

No Username No Password

If you did not receive the email for your username and password to your inbox. Please check your spam/junk mail.

View Article

My auto payment is not showing in my account.

Login to your account to verify we are using the correct card for auto payment. Call customer service to update

View Article

Multiple Accounts

Please note that our policy allows for only one active lease per customer at a time.

View Article

Is training available for my sales staff?

Our devoted team empowers you and your staff, virtually, with comprehensive program knowledge. Elevate communication with customers through educational videos

View Article

Is this a revolving credit account?

No, this is not a revolving lease agreement. Own.lease offers a lease-to-own option that enables immediate access to products with

View Article

Scroll to Top