DEBT COLLECTION BY KINUM MADE SIMPLE AND COST EFFECTIVE

Developing a more focused debt collection strategy can help you and your organization reduce costs, save time and maximize your resources. Learn more about how you can refine your debt management and recovery options, and how we can help along the way.

FLAT RATE DEBT COLLECTION SAVING:

Locate Hard-to-Find-Debtors

Skip Tracing is the most effective way of finding tough candidates, but also working with a collection agency who works many areas of services offers our client additional resources that most don’t offer. Find debtors you've been unable to reach and get the most up-to-date contact information. Kinum’s extensive databases of consumer and commercial information are updated frequently, enabling you to locate elusive debtors, make contact and collect unpaid debt.

Skip Trace

Increase your right-party contact rates with a combination of unique information, including wireless phone numbers and contact data for thin-file and underbanked consumers. A fast, cost-effective skip-tracing tool that provides extensive, reliable data on a debtor's other known addresses. Use this skip-tracing tool to find alternate addresses, telephone numbers, and business owners for debt recovery on your commercial accounts. The comprehensive skip tracing information you need to take action when chances of recovery are highest.

Using bankruptcy, deceased and other critical data, recognize high-risk accounts early in your collection efforts to reduce legal risk and optimize your resources.

Locate debtors using the most comprehensive credit and locator information available. Our search-n-match logic technology provides yours with greater locator capabilities. Provides access to more than 220 million consumer phone numbers from credit inquiries – a more accurate and effective method than standard directory assistance. Optimize your recovery rates with contact information on more than 140 million households and 19 million businesses. By referencing Social Security numbers to verify identity, you can confirm application information and detect potential identity fraud. Maintain quality address information to keep in touch with good customers and prevent losses from problem accounts.

Collection Prioritization and Strategy

Develop a more focused collection strategy by determining which accounts have the highest payment potential. Our advanced scoring and segmentation tools arm you with the complete portfolio intelligence you need to stay ahead of the competition. Further, increase debt recovery through ongoing portfolio monitoring. By analyzing industry trends and testing new strategies, you'll be able to maximize collections and better manage your accounts receivable.

Monitor Unpaid Debt

Customers who've gone into arrears usually become solvent again at some point in time. We'll monitor your debtor accounts and let you know when a customer's ability to pay has improved so you can immediately start working the account again and collect the unpaid balance.

Collections Management System

Kinum’s Lariat collections management system supports all types of customer debt, including mortgages, credit cards, loans and overdrafts and has a proven track record of improving debt receivables. Kinum’s Lariat is a functionally rich collections management system that automates and streamlines the collections process, enabling clients to maximize resource performance while minimizing overhead, outsourcing costs, and IT reliance.http://www.salesantidote.com/