American DataBank Arms Collectors with e-Patriots Intelligence

A Breakthrough in Skip Tracing

Billions of dollars in consumer loans are delinquent. Credit issuers can expect to collect just a fraction of what is owed. And as much as 35% of that will go to collection agencies and others willing to buy bad debt. With tougher economic times, the amount of bad debt will probably increase. So what can companies do to improve collections?

The key is locating the account holder. Currently, 35% of delinquent debtors move annually. And half of all accounts received for collections require some form of skip tracing, resulting in a recovery rate of just 15% to 35%.

The Solution
e-Patriots can dramatically improve the ability of credit issuers and collection agencies to obtain up-to-date consumer contact information for their accounts. e-Patriots's high-quality matches and find rates deliver verified addresses and phone numbers at least three times more often than the closest alternative.

Use e-Patriots to:

Locate more debtors using the SSN Trace
Increase dollars collected
Shorten the collection cycle
Improve the return on each locate dollar spent
Enhance operational efficiency

e-Patriots also offers the following:

Find Residential Eviction Records
Examine a residential history by using the SSN Trace
Dramatically shorten your research time and costs
Identify Sexual Offenders
Screen OFAC SDN Sanctioned Individuals and parties

For Additional Information

Call toll-free at 1-800-200-0853.
Or send us a message by clicking here.