TransUnion System Prioritizes Collections
TransUnion has created technology that is designed to help creditors prioritize and optimize collection activities.
TransUnion Collection Prioritization Service offers a package of recovery solutions that leverages highly predictive data and analytic capabilities to provide the information and decision strategies needed for managing collection portfolios, the company said.
TransUnion said the service identifies uncollectable accounts and ranks in order accounts most likely to be recovered.
"Collectors need a quick, efficient solution to identify the best recovery options for their entire debt portfolio, plus the expert guidance to help implement the solution," said Michael O'Connell, senior director of product management.
"TransUnion Collection Prioritization Service delivers information in 24 hours and offers 180 credit characteristics - the most in the market today - to use in determining the most predictive data for each account."
Copyright 2003 Thomson Media Inc. All Rights Reserved. http://www.thomsonmedia.com http://www.mortgageservicingnews.com