Scoring is a system to identify accounts that will pay their debt when contacted. Accounts most likely to make payment (high scoring) receive the most attention for collection, while accounts that are identified as least likely to pay (low scoring) receive minimal effort.
Most popular types of scoring systems are:
So as a customer, if you want best return on your debt collection investment, you need to avoid collection agencies that use scoring system.
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Most popular types of scoring systems are:
- Statistical scoring
- Judgmental scoring
So as a customer, if you want best return on your debt collection investment, you need to avoid collection agencies that use scoring system.
Read Original Source
