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Recovering outstanding debt

Provided by Equifax


Equifax’s latest white paper explains how credit reference data can help improve collections performance. It outlines four key steps for successful collections:

  1. Determining residency status – location underpins the whole process
  2. Scoring – to distinguish the “will pays” from the “won’t pays”.
  3. Segmentation – so actions can be targeted correctly
  4. Practical implementation – that is in line with compliance and risk policies.

This white paper will be of interest to collections and recovery professionals looking for ways to improve both productivity and collections.

 

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