Teletrack offers debt buyers and collection departments a cost effective, unique source of information for locating skip accounts. Teletrack maintains the premiere database of non-traditional consumers who frequent businesses that cater to a non-prime clientele. Our information is updated daily by a nationwide network of businesses using Teletrack for risk mitigation. So if your attempts to skip trace accounts in your debt portfolios have not resulted in the lift you expected, turn to Teletrack for new information.
Inability to locate debtors may mean that you are searching for accounts in the wrong places. High-risk consumers often lack current information with the traditional credit bureaus, but that does not mean that these consumers are inactive.
Provide us with your debt portfolio and any time one of your accounts applies for goods or services at any of our member businesses, our system is alerted real-time. Our customer service representatives contact the reporting business to confirm the account's new information and send it directly to you, securely. You are only billed for the accounts we locate.
PEOPLELOCATION™ FEATURES
- Unique, Cost Effective Information - Get a steady stream of new information on skips.
- Receive New Information in Real-Time - We have access to new address, telephone, and⁄or employment data that is often just minutes old.
- No Time Limit - You determine how long you want us to keep your portfolio of accounts. Teletrack' will work indefinitely to match incoming inquiry records with your accounts.
- Contingency Based Billing - You only pay for the new information we find.
- Flexible Layout - No data formatting required. Use your existing layout.
CREDIT PERFORMANCE TO DETERMINE COLLECTIBILITY
How do you create a collectibility model that is accurate and insightful? Teletrack data can
help you better predict the probability of debt recovery using information gathered from subprime
businesses nationwide. With timely sub-prime data you know which consumers are
most likely to pay so you can direct your recovery resources appropriately.
Quickly assess the overall collectibility rates of a bad debt portfolio by integrating Teletrack’s consumer information. With Teletrack you receive:
• Unique, highly predictive credit performance data
• New information not available from any other source
• Easy integration into existing collectibility models and/or a summary
analysis
on the entire portfolio
• Tools to help with increasing profitability
Teletrack is only able to provide these services to business that maintain a minimum of 500 skips, have a commercial address and have a permissible purpose to access and utilize the data. |
