Experian's Collection Advantage Tool Now Available Online Via eSolutions

To serve the needs of collection agencies, debt buyers, credit grantors and collections attorneys with speed and easy access, Experian, a global information solutions provider, today announced that it now offers its powerful Collection Advantage portfolio management tool via the company’s eSolutions online Web delivery channel. Collection professionals can now optimize their efforts and recover money quicker and more efficiently by having instant access 24-7 to critical debtor information, including consumer credit data, latest contact information, credit, collection and recovery scores and advanced analytics — all in one easy-to-use process that requires no programming resources.

With Collection Advantage, collectors can search for debtors in Experian’s File One and MetroNet databases and receive up-to-date contact information, credit scores and credit attributes to help them evaluate the probability of a successful collection.

Users have complete flexibility to choose the data elements needed on individual debtor accounts. These elements include credit attributes designed specifically for the collections industry.

Collection Advantage through eSolutions gives users the ability to:

• Obtain accurate background information on debtors
• Track debtors and locate skips more efficiently
• Identify debtors with the highest recovery potential
• Strengthen the collector’s overall negotiating ability with instant access to critical data for reference with the debtor while on the phone
• Reduce operating costs by streamlining the recovery process
• Increase collectible dollars with less time and effort

Collection Advantage through eSolutions is an ideal solution for collections professionals, such as credit grantors, collection agencies, collection attorneys and debt purchasers, who do not have the volume levels to support batch processing or do not have any programming resources. No additional hardware or software is required to gain access.