At any given time, billions of dollars in consumer loans are in delinquency. Credit issuers and debt collectors can expect to retrieve just a fraction of what is owed. So what can companies do to improve collections?

The key is locating the account holder. Currently, 35% of delinquent debtors move annually, and half of all accounts received for collections require some form of skip tracing, resulting in a recovery rate of between 15% and 35%.  From 1995 to 2003, credit card collection charge-offs were 58 billion dollars and are growing at the rate of 12% per year.

The Accurint research tool helps the collections industry locate more debtors, increase the dollars collected, shorten the collection cycle, improve the return on each locate dollar spent, and enhance operational efficiency.

Its advanced, sub-second matching and linking technology, LexisNexis^® Link ID™, automatically scours and analyzes billions of files from more than 10,000 data sources to make critical, detailed connections and give you the most in-depth, relevant data, instantly.

LexisNexis is an industry leader in the responsible use of data and protection of individual privacy. Accurint, using public records and non-public information, provides invaluable fraud detection and identity solutions for the public and private sectors. Accurint helps safeguard citizens and reduces financial losses.

Accurint Makes a Difference!

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