NEW ORLEANS, March 5 /PRNewswire/ -- The Credit Crunch is far fromover, and the spillover from the subprime mortgage market is affecting thecollections efforts of every type of lender. Creditors in all industriesare faced with finding cost-effective ways to reach their customers,collect payments and improve delinquency rates. Additional pressure comesfrom a new wave of younger consumers entering the market, leaving creditorssqueezed for resources to handle the increasing volume. Executives from Varolii Corporation and Experian will discuss the useof automated customer communications as a way to "Un-Crunch" creditors atthe National Collections and Credit Risk Conference being held this week inNew Orleans. The speakers will present their findings on how data andanalytics can be integrated with customer communications to reduce loandefaults and improve delinquency rates -- even in the current economicclimate.
WHEN: Thursday, March 6, 12:45 p.m. - 2:00 p.m. WHERE: National Collections and Credit Risk Conference, The Elmwood Room, 3rd Floor, Hilton New Orleans Riverside, New Orleans, La. WHAT: Join Experian and Varolii to hear about: -- Innovation in collections beyond dialing for dollars -- How organizations can leverage data and analytics integrated with customer communications -- "The Millennials": how lenders are adapting to a new generation of borrowers WHO: Mike Hurley -- Strategic Initiatives Manager for the Collections Product Suite at Experian. Hurley joined Experian in 1995 and has held roles in Strategic Partnership development, vendor management, sales, software development and client support. Brian Moore -- Executive Director of Collections Solutions for Varolii Corporation. Moore joined Varolii in 2001, bringing more than 25 years of experience in collections operations and technology to the company. Media Contact: Matthew Mors, Text 100 for Varolii 206.267.2004
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