Be the first to know when a debtor’s ability to pay has improved. By monitoring an account’s credit score and usage patterns, you can act quickly to collect debt before the competition does.
Monitor unpaid debt in your portfolio with the following:
Tracks your accounts and notifies you of new contact information and changes that indicate financial improvement or ability to pay.
Know what regulators are focused on now so you can position yourself for operating efficiency and stronger business practices.
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Using Collection Triggers, First Financial Asset Management collected $3.5 million — a return of $72 for every $1 spent on trigger data.