Reconnect with customers who have outstanding debts in a compliant and operationally efficient way.
Establishing that someone is resident at a particular address can be challenging, but it’s necessary if you want to recover your debts from the right individuals and in the right way.
Doing it right – in a compliant, operational and commercially viable way – and you’ll increase both your collection rates and your margins.
“As the level of losses from bad debt rises as a consequence of the economic downturn, it is vital that we find ways to improve our understanding of our customers’ financial commitments, as well as trace gone-aways. Having worked with Equifax for a number of years, we already have a very good understanding of how credit data can support our debt collection strategies.”
Jamie Gibson, Debt Strategy Manager, Severn Trent Water
We can help you:
Access Equifax residency confirmation tools online, send us your debt portfolio to analyse and return, or integrate a solution into your own system via secure data feed.
If we don’t yet offer a tool that’s right for your business, call our consultants. They’ll work with you to define your unique debt collection needs and develop a bespoke solution.
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