AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.

Experian Plans Launch of New 24-Hour Collections Scoring Tool.(Brief Article)

Mortgage Servicing News

| August 01, 2001 | COPYRIGHT 2001 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Experian, a major provider of credit-related services, will launch "Q24 Collections," a credit scoring product designed to help creditors and collection firms reduce risk and increase profit potential from their debt portfolios.

Mortgage and home equity data is incorporated into the modeling tool.

"We believe Q24 Collections is an important resource for everyone in the credit and collections industry who needs a 24-hour turnaround of reliable, accurate information to help in the decision-making process," said John Nebergall, senior vice president of Experian.

The service combines Experian's predictive risk, recovery and revenue models including its bankruptcy model, RecoveryScore, national risk model, revenue opportunity indicator and the Experian/Fair Isaac Model with more than 30 collection attributes, the company said.

These attributes include credit availability and utilization, derogatory trade lines and collection activity, home equity and second mortgage information, history of satisfied liens and judgments, bankruptcies and other data.

The company said the tool will help lenders decide what accounts to keep, assign or sell. Collection ...

Related articles from newspapers, magazines, journals, and more
Experian Introduces Collection Advantage; New All-In-One Tool Offers Collection...
Press release article from: PR Newswire December 1, 2003 700+ words
...portfolios," said Fred Jin, Collection Solutions product manager, Experian Credit Services. "Through Collection Advantage, Experian is now able to deliver what...address and employment data, Experian's collection suite helps collectors take...
Experian's Collection Triggers(SM) Drives Successful Collections for First...
Press release article from: PR Newswire March 3, 2008 700+ words
...to pay. "Collection Triggers is...president, Collections, Experian. "Our goal...services, Collection Triggers complies...information on Collection Triggers...www.experian.com/collections or call 1 888...
Experian acquires Tallyman collections software; Integration of Tallyman...
Press release article from: M2 Presswire May 11, 2007 700+ words
M2 PRESSWIRE-11 May 2007-EXPERIAN: Experian acquires Tallyman collections software; Integration of Tallyman collection software and Experian's decision support systems will create a complete debt management...
In Brief: Experian Unveils Collection Product.(Collection Advantage )(Brief...
Magazine article from: American Banker Lee, W.A. December 3, 2003 700+ words
Experian Inc. has a...bureau says Collection Advantage uses...telephone numbers. Experian, which is...is marketing Collection Advantage mostly...debt buyers. Collection Advantage can...delivery, Experian said. Agents...
Experian Honored With Collection Technology Excellence Award.
Press release article from: PR Newswire January 25, 2007 700+ words
...editorial staff of Collection Technology and the Collection Technology Summit...marketing director of collections solutions, accepted...award on behalf of Experian. "We want to thank...Jan. 25 at the Collection Technology Summit...
Experian Launches Collections Solution to Monitor, Locate and Collect Unpaid...
Press release article from: PR Newswire January 25, 2006 700+ words
Collection Triggers...uncollected debt, Experian(R), a...launch of Collection Triggers...flexible collections solution...portfolio of collections accounts...when collection efforts go...president, Experian's Credit...
Experian Introduces ePIN+(SM) for Collections Organizations; Online Resource...
Press release article from: PR Newswire August 6, 2002 700+ words
...Calif. -- Experian(R), a global...solution that helps collections organizations...of ePIN+ to Experian's comprehensive collections suite, which...results in the collections industry," said DeSoto. About Experian Experian(R...
Experian Launches Collections Tool.
Magazine article from: National Mortgage News February 13, 2006 700+ words
...uncollected debt, Experian, a global information...product called Collection Triggers. Collection...robust and flexible collections solution that monitors...dilemma - when collection efforts go cold...group president, Experian's Credit Services...
For more facts and information, see all results
©2009 Gale, a part of Cengage Learning. All rights reserved.
About us | FAQs | Contact us | Privacy policy | Terms and conditions
Other Gale sites: Encyclopedia.com | HighBeam Research | Acquire Content | Books & Authors | Goliath | MovieRetriever | Smart QandA