SKIP TRACING
Skip tracing is a key component to the prompt and effective resolution of accounts with missing information. Our high volume team utilizes a wealth of on-line systems and in-house resources, as well as their own expertise, to efficiently locate hard to find debtors.
To ensure that as many accounts as possible are liquidated, NRA performs skip tracing as appropriate to locate responsible parties whose whereabouts are unknown and to uncover employment and asset information. National Recovery Agency performs skip-tracing procedures on every account assigned for collection - regardless of balance and free of charge.
Our real-time connectivity to multiple information providers, coupled with our library of interactive skip-tracing databases, enables us to locate more of your customers - and faster. Through the use of integrated technology with these information providers we retrieve the freshest, fastest, and most reliable data available.
In addition to the electronic processes NRA utilizes to obtain updated and more current debtor information, Collection Representatives have the ability to manually skip trace for account information through various means.
We provide our collectors with one of the most comprehensive skip-trace support systems in the industry. We maintain on-line access to various subscription databases to quickly locate information such as addresses, phone numbers, driver's licenses, and motor vehicle registrations. We also have on-line access to the nation's three major credit- reporting networks; Experian, Trans Union, and Equifax. Our goal is to persistently piece together more and more information in order to zero in on where the debtor lives, works and where his/her assets are located. To accomplish our goals, we utilize a number of proven tools. By leveraging these tools and our other systems, we can collect the right customer information and verify it early in the account cycle. The faster we access the correct account information, the more likely we are to collect and avoid significant losses in revenue and operations costs in the future.
- National Change of Address (NCOA)
- Public and private address and phone number search forms and sources
- National Credit Bureaus
- Departments of Motor Vehicles (DMV)
- Creditors, references, neighbors, etc