Top 5 actions you can take with your credit reporting account and as a member of a credit bureau

1. Locate hard to find debtors: Monitor accounts you've been unable to reach and get the most up-to-date contact information.

2. Segment & Prioritize Accounts: Develop a more focused collection strategy by determining which accounts have the highest payment potential.

3. Strategize Recovery Efforts: Increase debt recovery by initiating ongoing performance monitoring. By analyzing industry trends, testing new ideas and receiving rapid feedback on champion/challenger results, you'll be able to implement more effective collection strategies.

4. Tailor your collection efforts by the “type” of debt: Maximize recovery dollars by defining the type of debt. By segregating accounts into groups such as real estate, auto loan, bank credit and retail charge card, you can identify and contact credit grantors you feel are most likely to be able to assist you in skip tracing.

5. Make more educated decisions: Reduce the time and costs associated with working portfolios by implementing an intelligent process. By using available analytics tools help you determine the optimal treatment for each debtor based on recovery scores, payment history, balance owed and other criteria.