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Collection Strategies

Optimize Credit Collection Strategies and measure their effectiveness

Collection Strategies focus on two aspects: the first is anticipating insolvency, the second is on curing delinquent accounts.
Curing accounts is an optimization process that includes evaluating individual customer risk, applying the most effective collection strategy per risk level and monitoring the success rate of the strategies applied.
Anticipating insolvency involves quantitative skills and evaluating preventive loss reducing actions (such as portfolio sales or revisiting credit limits).
Nextbit’s quantitative skills and collection ingenuity enables companies to implement efficiently all of the above strategies.