ID Analytics Credit Risk: Collections
ID Analytics® Collections OpticsTM enables companies to increase the effectiveness of collections efforts. Reduce risk to the institution by optimizing treatment strategies.
ID Analytics' unique data source, the ID Network®, provides insight that can improve an organization’s risk mitigation strategies.
- Reduce Credit Losses with Unique Perspective of Risk
Accurately identify accounts most likely to become severely delinquent. Aggressive action can be taken early to remediate the situation.
- Improve Collections Performance
A leading consumer lender found that modifying the treatment strategy on 30 percent of accounts based on Collections Optics scores improved performance and reduced operations expenses.
- Fine-Tune Decisioning Processes to Reduce Operations Expenses
Pinpoint customers who will self cure, to save costs and retain positive customer relationships.
- Increasing Contact Rates
Improve visibility into current identity use improves contact rates.