Bank, Finance and Leasing: Credit Union: Automate a Customer's Credit Approval | Bank, Finance and Leasing: Credit Union: Collection and Bureau Reporting

Collection Letters and Bureau Reporting – Cost Effective Collections for Your Credit Union

MicroBilt's debt collection services for Credit Unions have pioneered a new model that is designed to streamline your collections.

To send out collection letters to delinquent members at your Credit Union, we recommend:

SmartTarget

SmartTarget is part of an intelligent suite of collection and reporting services optimized for the unique needs and challenges of your Credit Union. SmartTarget combines the ability to locate and communicate with debtors together with the reporting of delinquencies.

This product:

• Verifies the debtor's current address
• Generates tailored demand letters
• Confirms delivery by the U.S. Postal Service
• Reports the debt to the consumer credit bureaus and commercial data repositories

Smart Metro 2

This service offers your bank the ability to report trade-line information to the major consumer and commercial credit bureaus and other data repositories using the industry-standard reporting format, Metro 2.