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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 ...