CL Verify provides solutions to assist clients in locating consumers that have skipped, or cannot be located, because of out of date or incorrect demographic data. This information is used to manage loan portfolios and reduce or resolve charge-offs by leveraging CL Verify’s industry leading, real time inquiry volumes and proprietary data.
Today’s mobile society makes delinquent debtors more difficult and complicated to track. Often, the process to track down these consumers requires large amounts of time sifting through multiple sites and databases to locate current contact information. The tedious and time consuming process is often unsuccessful, making these efforts a costly drain on a business’s resources and overhead. Simplify the process and take advantage of the benefits that CL Tracker and CL Locator account management and recovery solutions can provide:
CL Verify delivers the power and presence of the industry’s largest network of lenders, banks, retailers, collection companies, and other firms doing business with your customers. By monitoring changes in their profile and financial performance, you receive the most up to date information on which to take early action, and recover lost capital
For more information, click here