[Administrator]

"Collection Triggers increases revenue by allowing companies to be
first to the door of consumers who have improved their ability to pay,"
said Zaydoon H. Munir, senior vice president, Experian's Consumer
Information Solutions. "This tool allows companies to increase their
productivity by only working delinquent or charged-off accounts when there is tangible evidence that renewed contact will yield results."

Next, Collection Lone Ranger?

or Loan Arranger?
_________________
David Szwak
Chairman, Consumer Protection Section, Louisiana State Bar Association
Bodenheimer, Jones & Szwak, LLC
416 Travis Street, Suite 1404
Mid South Tower
Shreveport, Louisiana 71101
318-424-1400
Fax 318-221-6555

[Administrator]

Experian introduces Collections Triggers tool
In an effort to help financial services organizations collect on large volumes of uncollected debt, Experian, a global information solutions provider, today announced the launch of Collection Triggers.

http://experian-news.newslib.com/story/6940-43/

Collection Triggers is a robust and flexible collections solution that monitors a company's portfolio of collections accounts. When new information on one of these accounts becomes available, indicating the possibility of recovering the debt, the organization is notified within 24 hours and can then resume efforts to contact the consumer and collect the outstanding debt.


"Our clients have been asking us to help solve the debt dilemma - when collection efforts go cold, the consequence is a huge burden of unpaid debt," said Kerry Williams, group president, Experian's Credit Services. "Collection Triggers offers our clients the opportunity to know within 24 hours when a debtor has had new credit activity, enabling quick action for the highest probability of recovery."


Collection Triggers allows clients to proactively monitor accounts for public record, civil action, tradeline and demographic events to help prioritize and segment their collection strategies. Specific triggering options can be selected, and rules around monitoring frequency can be customized. In addition, clients can determine their own priority hierarchies and cool-off periods according to their needs and the type of debt portfolio.


"Cost-effectiveness is one of the key benefits of Collection Triggers," said Dan Buell, director of collection products for Experian's Credit Information Solutions. "Clients do not incur any up-front costs for monitoring accounts; charges are incurred per triggered event notification. However, the timeliness of each trigger dramatically increases the probability of debt recovery."


Collection Triggers is ideal for any type of organization with a portfolio of uncollected debt, including credit grantors, collection agencies, debt buyers, and law firms and collection attorneys. Clients are not required to report data in order to use Collection Triggers.
_________________
David Szwak
Chairman, Consumer Protection Section, Louisiana State Bar Association
Bodenheimer, Jones & Szwak, LLC
416 Travis Street, Suite 1404
Mid South Tower
Shreveport, Louisiana 71101
318-424-1400
Fax 318-221-6555

[Administrator]

Experian Launches Collections Solution to Monitor, Locate and Collect Unpaid Receivables



Collection Triggers(SM) Monitors an Organization's Portfolio of Uncollected
Accounts and Provides Notification When New Information Is Available

COSTA MESA, Calif., Jan. 25 /PRNewswire/ -- In an effort to help financial
services organizations collect on large volumes of uncollected debt,
Experian(R), a global information solutions provider, today announced the
launch of Collection Triggers(SM). Collection Triggers is a robust and
flexible collections solution that monitors a company's portfolio of
collections accounts. When new information on one of these accounts becomes
available, indicating the possibility of recovering the debt, the organization
is notified within 24 hours and can then resume efforts to contact the
consumer and collect the outstanding debt.
"Our clients have been asking us to help solve the debt dilemma -- when
collection efforts go cold, the consequence is a huge burden of unpaid debt,"
said Kerry Williams, group president, Experian's Credit Services. "Collection
Triggers offers our clients the opportunity to know within 24 hours when a
debtor has had new credit activity, enabling quick action for the highest
probability of recovery."
Collection Triggers allows clients to proactively monitor accounts for
public record, civil action, tradeline and demographic events to help
prioritize and segment their collection strategies. Specific triggering
options can be selected, and rules around monitoring frequency can be
customized. In addition, clients can determine their own priority hierarchies
and cool-off periods according to their needs and the type of debt portfolio.
"Cost-effectiveness is one of the key benefits of Collection Triggers,"
said Dan Buell, director of collection products for Experian's Credit
Information Solutions. "Clients do not incur any up-front costs for
monitoring accounts; charges are incurred per triggered event notification.
However, the timeliness of each trigger dramatically increases the probability
of debt recovery."
Collection Triggers is ideal for any type of organization with a portfolio
of uncollected debt, including credit grantors, collection agencies, debt
buyers, and law firms and collection attorneys. Clients are not required to
report data in order to use Collection Triggers.
For more information about Experian's Credit Information Solutions, please
call 888 414 1120 or visit us at Booth #338 at the Collection Technology
Summit at the Wynn Las Vegas, Jan. 25-27.
This press release can be found on http://press.experian.com.

About Experian
Experian is the global leader in providing value-added information
solutions to organizations and consumers. It has an unrivaled understanding
of individuals, markets and economies around the world. Experian provides
information, analytics, decision-making solutions and processing services. It
assists organizations in understanding their markets and customers and helps
them find, develop and manage profitable customer relationships to make their
businesses more profitable. Experian promotes greater financial health and
opportunity among consumers by enabling them to understand, manage and protect
their personal information, helping them control financial aspects of key life
events and make the most advantageous financial decisions. Experian works
with more than 50,000 clients across diverse industries, including financial
services, telecommunications, health care, insurance, retail and catalog,
automotive, manufacturing, leisure, utilities, e-commerce, property and
government. A subsidiary of GUS plc with headquarters in Nottingham, UK, and
Costa Mesa, Calif., Experian employs 12,000 people in 31 countries who support
clients in more than 60 countries. Annual sales exceed $2.5 billion.
For more information, visit the company's Web site at http://www.experian.com.

The word "Experian" is a registered trademark in the EU and other
countries and is owned by Experian Ltd. and/or its associated companies.

Contact: Susan Henson
Public Relations
714 830 5129
susan.henson@experian.com

http://experian-news.newslib.com/story/6940-34/
_________________
David Szwak
Chairman, Consumer Protection Section, Louisiana State Bar Association
Bodenheimer, Jones & Szwak, LLC
416 Travis Street, Suite 1404
Mid South Tower
Shreveport, Louisiana 71101
318-424-1400
Fax 318-221-6555