Collection Alerts

Optimize debt recovery, monitor events that impact collection probabilities, and execute a differentiated collections strategy for existing customers

Product Overview

Equifax Alerts provides ability to proactively determine a set of existing customers who are showing either improvement or deterioration in financial status, enabling Financial Institutions to undertake different credit actions

  • Collection Alerts are available for both Retail and MFI lending
  • Enables increased collections productivity and reduced cost of monitoring high-risk accounts
  • MFI Collection Alerts empowers microfinance lenders by proactively detecting a set of existing MFI customers who are showing changes in financial status
  • Leverage Collection Alerts from Equifax to enhance understanding of collections risk, thereby optimizing your collections strategy and shortening your debt recovery cycle