Whether you’re an in-house collections team, a DCA or a related service provider, the current “perfect storm” of rising inflation, interest rates and energy costs means that’s its more important than ever to when, where and how to focus your efforts to obtain optimum outcomes.
In each case within a portfolio, the debt amount and payment histories are known – and consumer credit reference data can be readily purchased – but this still only gives PART of the picture.
Enriching the portfolio with WhenFresh data provides instant, up-to-date insights on the PROPERTY relating to each debt: it’s value, occupation, type, size & shape, likely monthly outgoings, when/how it last transacted and other key indicators… so you a much FULLER picture to inform and optimise your collections strategy to achieve better outcomes.
For Example:
> Is the property a wholly owned or mortgaged asset – or is it a private or social-housing rental?
> What are the likely rental or mortgage payments?
> What is the value, shape and size of the property – does this match with what has been declared?
> What are the likely Council tax, electricity, gas and water outgoings for the property?
> Is the property listed for sale or rental – i.e. is there a potential flight risk?
WhenFresh can deliver all this data and much, much more… at individual property level, either via flat-file data enrichment or instantaneously via the WhenFresh API.
Click here to find out more about the full range of property-related data WhenFresh hold to inform and improve your Collections strategy.
The annual Zurich Innovation Championship has a rich heritage and has now entered it’s 6th year. We are told that there have been a bumper 477 UK entries this year, from which just a handful are ultimately invited to present their solutions at the “UK Super Day” Final on 21st March 2023 – so we […]
News Release – 22 February 2023: WhenFresh has teamed up with an army of 600 RICS-qualified surveyors to create the first property-level cladding dataset, providing current cladding status for each of the 485,234 residential properties within tall Multi-Dwelling Units (MDUs) across the UK. Since the tragic Grenfell fire on 14th June 2017 and the ‘cladding […]
January 2023 – Digital transformation leaders WNS have partnered with residential property data specialists WhenFresh to launch a new AI-driven omnichannel ‘Quote & Buy’ platform in the UK, enabling home insurers to deliver improved customer experience and reduced acquisition costs. The home insurance market in the UK has become highly commoditised, with insurers increasingly reliant […]