Third-Party Collections

Enformion for Third-Party Collections

Right party contact solutions for efficient debt recovery.

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Accurate – Efficient – Cost-Effective

With Enformion, increase your collection efforts, recovery and protect your organization from regulatory complaints. 

Skip Tracing with the most accurate and current contact information available through batch and API access.

  • Best phones with dates, phone type
  • Phone Scoring
  • Best address (unique to your input address)

For deeper skip tracing, leverage our web solutions to find more data.

  • Spouse, relatives and associates, along with their phone numbers
  • Property data and other assets
  • Access to consumers not found in standard credit files

Access to Public Record Data

  • Bankruptcy
  • Judgments and Liens
  • Deceased records for special handling teams

Connect with More People in Less Time

As a third-party collection company, you collect on a debt on someone else’s behalf. You might purchase the debts outright, then simply keep whatever you’re able to collect. Alternatively, you may not pay anything up front, but instead just split the profits with the collector for a specific amount.

No matter how you do it, third-party collections can be a difficult job, often requiring tracking someone down even if they’re trying to lose you. Here’s how Enformion can help your third-party collections agency connect with more people in less time.

Find People More Efficiently

One of the biggest issues for third-party collections agencies is typically finding people. For the most part, collections agencies try to find people who don’t want to pay a debt. True, there may be some people who kept putting it off and forgetting, or people who just don’t have the money and cannot pay it, despite wanting to settle debts. However, you’ll also find many people who are actively trying to escape these debts. Enformion can help you in either circumstance.

  • Traditional tracing requires you to track people through relatives or employers, which is clunky and difficult.
  • If you’re instead able to access that information directly, you can streamline the process and make it more accessible.
  • Enformion offers powerful skip tracing options, which help you find people who are trying to skip town and leave their debts behind.

Contacting Debtors Directly With No Hassle

Given their lack of power in the situation, debtors usually already feel defensive. Additionally, one of the biggest reasons debtors may have a very strong reaction to third-party collection agencies in particular is the idea that more people know about their debts. Many people feel ashamed of having outstanding debts, and having to deal with a brand new company that now knows about it isn’t always easy to handle.

Deliver Your Written Notices

It’s important to deliver written notices once you’ve contacted someone through another method. Legally, you have to deliver a written notice to an individual within five days after first contacting them in person, by phone, or another method that’s not the mail. Not only can Enformion help you make first contact, but we can also help you with the follow-up.

  • Maintain legal compliance and follow industry standards is an important part of maintaining your collections agency’s reputation.
  • Deliver written notices to the right address in a timely fashion, even if an individual won’t give you their address when you first contact them.

Getting the Best Information for the Best Results

No matter what industry you’re working in, you want to make sure you use the best information. Nowhere is that truer than in the collections industry. The collections industry needs up-to-date information about contact information and other details. So, to grow your business, you need the best information you can get. Enformion is the best place to find it.

  • Whether you have only a few customers per month or you deal with hundreds of requests every day, you need access to the same high-quality information.

The best solution is one that’s fully scalable to your specific needs, whatever those may be. Contact us today for a FREE DEMO.

INSIGHTS AND EVENTS

WEBINAR

The State of Third-Party Collections 2019: Challenges, Trends and Innovations

BLOG

The State of Third-Party Collections 2019: Challenges, Trends and Innovations

CASE STUDIES

The State of Third-Party Collections 2019: Challenges, Trends and Innovations

BLOG

The State of Third-Party Collections 2019: Challenges, Trends and Innovations

Talk with a specialist today to learn how Enformion can help to customize a solution that’s right for you.

Call us at 1-855-281-3915, or via online today.