Every month, businesses across the country inquire on thousands of consumers in the Teletrack database, including payday loan companies, rent-to-own stores and other specialty lenders. During the inquiry process, these businesses provide new telephone, address and employment information. Based on this information, Teletrack’s PeopleLocation service provides collection departments, agencies and debt buyers with new and current information on skips. We differ from other consumer credit bureaus and information sources because we maintain the premier database on non-traditional credit consumers who frequent businesses that cater to a non-prime clientele.
Inquiries and loans are posted to our database in real-time, and the majority of the businesses that submit inquiries to Teletrack use system-to-system integration, which means that the information is reported almost as soon as a transaction is processed. Additionally, these unique second-tier lenders, rarely report to traditional credit bureaus. Teletrack is the primary source of data for these businesses, which gives us the opportunity to find skips that have no current information in other
data repositories.
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.
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.
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