Debt Management Solutions

Equifax offers New Zealand's most debt management solution for credit providers.

Market Overview

The costs associated with recovering outstanding payments or debt can be significant. The process is often time consuming and can be a drain on internal resources, especially if your staff are dealing with the added frustration of customers with out-dated contact details. To help you through this process, Equifax's debt management services can help make debt collections faster and more cost effective. 

Our debt management solutions can assist in making debt collection more efficient by providing the most up-to-date and relevant information about your customers. Using Equifax's vast data insight and predictive analytics capability, we offer advice on a range of areas including collections prioritisation, optimising customer contact strategies and selling debt. 

Products

Consumer Alerts

Alerts provide you with the most recent and relevant credit information about your customers. 

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Debt Recovery Score

Debt Recovery Score is a tool that predicts the likelihood of a payment being made on severely overdue accounts within the next 12 months using our bureau profiles and debtor information.

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eTrace

eTrace can help you keep in touch with your customer base.

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Portfolio Review Score

Portfolio Review Score (PRS) summarises data on a customer's credit file into a single number, enabling you to instantly identify your least and most risky customers.

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Key Benefits

Our decisioning solutions can help you...

  • Improve customer experience

    Streamline products and tailor approaches to better meet customer expectations.

  • Grow your lending book

    Find new, low risk customers and increase exposure to those not showing signs of financial stress.

  • Reduce bad debt

    Identify high risk applicants and receive early warning if existing customers experience financial stress.

  • Increase productivity and lower costs

    Automate more, reduce processing times, and allocate manual resources efficiently.

  • Meet responsible lending obligations

    Better understand your customers’ existing commitments and ability to service debt.

  • Transition to Comprehensive Credit Reporting (CCR)

    Make your transition less risky with Equifax experts and products that shorten your CCR project.

Contact us right now

Ready to discuss your consumer credit risk requirements?

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Talk to us

0800 698 332 Mon - Fri 8:30am - 5:00pm

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Email us

Click here to email an Equifax specialist.

Our Customers

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