faced with the common challenge of finding ways to prompt seriously
delinquent customers to make payment before they are charged off as
bad debt and collect the full balance after write off. VKIís
third-party collection service imparts a sense of urgency upon
seriously delinquent customers during these periods, reducing net
write-offs and the cost of collecting after charge-off.
Most important is the timing, sequence, and breadth of effort VKI
applies to your portfolio. With the right data supplied to us at
placement, VKI can locate and collect from the greatest number of
previously uncollected accounts. The best way to achieve this
objective is VKI's method: concerted calling campaigns supplemented
by automated skip tracing and third-party notices.
Our strategy ensures VKI contacts and collects from the highest
percentage of customers, translating to the greatest return and
highest value for our clients.
VKI utilizes the following proven strategies to drive collections
Scrub and Scoring |