Press Release
New Recoveries Report provides greater insight into debtors’ current address and credit status
London, August 2010 – Leading consumer debtor and credit risk expert, Equifax, has enhanced its Debtor Management Solutions. A new Recoveries Report has been added to its Locate service giving collectors a unique insight into the credit commitments and behaviour of debtors.
The new Recoveries Report enhances the performance of collections activity by ensuring activities are properly focused” confirmed Dennis Sanford-Casey, Business Development Manager, Equifax. “We are also giving collectors the best possible insight into the financial status of debtors, so that the right collections strategies can be applied in every case.
The Equifax Recoveries Report enables users to trace and assess the financial position of a debtor in one search. By accessing consumer data at either the supplied or traced address, collectors are given a clear and accurate picture of a debtor’s financial position in order to identify the most effective collections strategy.
Online access to the Equifax consumer database also enables collectors to verify trace addresses in order to ensure that they are contacting the right individual.
Key consumer data included in the Recoveries Report includes Electoral Roll and Rolling Register information, Court and Insolvency data and details of searches conducted on a consumer’s credit file. For those users that are members of the Equifax Insight information sharing database, this data is also included.
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For further press information please contact Wendy Harrison, Cecile Stearn, Margot Tomkinson or Jenny Stanifort at HSL on 020 8977 9132 / Fax: 020 8977 5200 or Email: jenny@harrisonsadler.com
About Equifax (www.equifax.com)
Equifax empowers businesses and consumers with information they can trust. A global leader in information solutions, we leverage one of the largest sources of consumer and commercial data, along with advanced analytics and proprietary technology, to create customized insights that enrich both the performance of businesses and the lives of consumers.
With a strong heritage of innovation and leadership, Equifax continuously delivers innovative solutions with the highest integrity and reliability. Businesses – large and small – rely on us for consumer and business credit intelligence, portfolio management, fraud detection, decisioning technology, marketing tools, and much more. We empower individual consumers to manage their personal credit information, protect their identity, and maximize their financial well-being.
Headquartered in Atlanta, Georgia, Equifax Inc. operates in the U.S. and 14 other countries throughout North America, Latin America and Europe. Equifax is a member of Standard & Poor’s (S&P) 500® Index. Our common stock is traded on the New York Stock Exchange under the symbol EFX.