Smart, efficient and compliant. Who says you can’t have it all?
How well are you managing the fine points of collection compliance? If you don’t know certain details about a debtor, you run the risk of illegal contact. Even the kind of data you use and the way you use it can run afoul of regulation. Working with vendors doesn’t absolve you from accountability. You’ll be held responsible for any noncompliant practices they engage in.LexisNexis® Risk Solutions simplifies collections compliance to help you focus on efficient debt recovery. Our comprehensive decisioning workflow guides your team on how to correctly use FCRA-regulated data sets to prioritize accounts and determine ability to repay. In addition, we leverage unmatched data resources and advanced linking capabilities to provide a suite of tools that help you avoid some of the most common collections regulation pitfalls:
Prioritize collection strategies with streamlined access to FCRA-regulated data sets
Streamline skip trace efforts with access to more right-party contacts
Discover, monitor, and manage changes in bankruptcy case information
Accelerate bankruptcy case management with automated updates of key events