Transcription of Experian Collections Strategies
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Experian Collections Strategies
Guide One: Maximising the performance of strategiesExperian Collections Strategies July 2010 Quick wins in Collections : Decisioning Strategies 1. Executive SummaryAs lenders are currently experiencing increased levels of bad debt and credit losses, the temptation to adopt a broad, hard line approach to arrears management can be strong. As the first in a series of expert guides to quick wins in Collections , we begin our focus on maximising the effectiveness of Collections Strategies and explain why one size does not need to fit all, even for a niche category of the guides, we examine over 20 different Strategies that organisations can adopt, often for little cost and, using their existing systems, to create more proactive, tailored treatment paths - which will in turn boost Collections performance, deliver efficiencies and drive revenue growth. Quick wins in Collections : Decisioning Strategies Quick wins in Collections : Decisioning Strategies ContentsQuick wins in Collections : Decisioning Strategies the performance of groups need different time (non sufficient funds) Collections -revolving segmentation criteria of balance at risk ( or $ at risk) telephone/bad wins in Collections : Decisioning Strategies 2.
Contents Quick wins in collections: Decisioning strategies 3 1. Executive Summary 3 2. Introduction 4 3. Maximise the performance of strategies 5 3.1 Different groups need different strategies 5
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