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Experian Offers Charge-Off Help.(Brief Article)
Experian has introduced its Portfolio Management Package for post charge-off loan accounts, saying the service will incorporate a new credit scoring model to help lenders and collection agencies prioritize collection efforts on charged-off loans.
Experian said the new service helps users decrease operating costs and focus collection efforts on accounts where recovery chances are best.
"The key to improving collections from post charge-off accounts is to be able to prioritize the portfolio according to which accounts have the highest recovery ...
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