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Delinquency Notification ServiceSM is typically used with:
Delinquency Notification ServiceSM
Proven to recover debt more efficiently while reducing commercial collections costs.
In difficult economic times, collecting on business debt is a priority for debt issuers and other financial institutions. Delinquency Notification ServiceSM leverages the power of the Experian® brand to motivate your commercial customers who are behind on payments. Delinquent customers receive a letter on Experian letterhead indicating their current obligations and instructions on how to pay you. This cost-effective skip tracing tool is proven to increase receipt of payments from delinquent accounts. Don't miss the chance to significantly increase your collections activities.
Benefits of Delinquency Notification Service
- Receive payment on your bills before your customers' other creditors
- Provide educational tools to customers who are in debt
- Discourage delinquent payments and reward timely payments
- Use a third party (Experian) to contact debtors
- Initial setup fee, then cost-effective monthly subscription based on volume of letters
- Tiered pricing can accommodate customers of all sizes
- No long-term commitments required
Collect on Debts More Quickly
A customer who owes you typically also owes other creditors, and motivating a customer to pay you first can often be the difference between collecting something or nothing. As the world's largest information provider, Experian carries clout in motivating payment, and our customers have reaped the benefits of using our letterhead to deliver their message. When using the service, you also have the option to use alternative business addresses that Experian has on file to maximize the possibility of collecting.
Enrich Customer Relationships
Besides motivating payment, debtors also receive a 60-day trial offer for Experian's Business Credit AdvantageSM service, which allows them to monitor their own business credit including receiving alerts. The service also teaches customers how to improve their credit, which can help them rectify problems, grow their businesses and help you maintain a business relationship that may be cultivated in the future.
Request More Information
To learn more about Delinquency Notification Service, call us at 1 800 520 1221.