Every year, approximately 40 million US residents relocate from one location to another, meaning every year 40 million people’s addresses change. Check out our infographic to learn the #1 reason people move, the busiest month for relocating and other US moving trends. Continue Reading
One of the most important metrics you can look at when evaluating your call disposition data is right party contacts (RPC). This is because RPCs have a direct correlation to dollars collected. However, if you look at right party contact rates from portfolio to portfolio, you will notice they are not the same across the board. While there are many things that can impact your RPC rate, here are 5 factors that might be affecting you.
We invite you to check out our September 2017 newsletter. Every month, we bring you new and exciting information about our products, our LocateSmarter team, upcoming events and more. This month, you have the opportunity to sign up for our POE waiting list; we’ll share phone append best practices from our clients; and introduce you to our Lead Development Representative, DJ Perry.
Click here to read our LocateSmarter Newsletter – September 2017 edition.
In many portfolios, a consumer that is identified as bankrupt, deceased or litigious would not require additional skip tracing. Yet, without proper programming and products, you may still incur additional skip tracing expenses without realizing it. Continue Reading
Wrong numbers can be very costly both from a performance standpoint and due to the risk of CFPB complaints, fines and lawsuits. It is important to identify which skip tracing vendor(s) are putting you most at risk as it can have major financial impacts.
We invite you to check out this month’s LocateSmarter newsletter. Every month, we will bring you new and exciting information about our products, our LocateSmarter team, upcoming events and more. This month’s New Feature spotlight will focus on our newest addition to phone append, LocateSmarter’s re-skip feature. Our goal at LocateSmarter is to share interesting and insightful information with our readers that is relevant to the collections industry and your business. So, don’t miss a thing and subscribe to our newsletter today!
Click here to read our LocateSmarter Monthly Newsletter – August 2017.
Skip tracing will always be an important part of your debt collection process, but if not properly managed and evaluated it can end up costing more than necessary. To help avoid these cost challenges, over the next several weeks we will share with you five operational strategies to help lower your skip tracing expenses while increasing your right party contacts.