Improving Collections Recovery Rates with Employment Data Integration

Learn how employment data can be leveraged to improve collections efficiency and improve recovery rates. The use of income data for assessing consumer credit applications is an established pillar of credit risk assessment. However, many current standard collection and employment verification processes are highly manual and costly. With the acquisition of TALX — a data repository of consumer employment verification and income data — Equifax sought to evaluate the impact automated access to employment verification might […]

June 24, 2024
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4 Improving Collections Recovery Rates with Employment Data Integration