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Conrad Credit’s profiling software is an analytical tool that uses mathematical and statistical data to predict an account’s propensity to pay and create a rank ordering of accounts by highest potential collected dollars. The software produces highly accurate and competitive scoring data. The software uses a medal scoring system as listed below:
Platinum – High balance accounts with a high liquidation rate
Gold – Accounts with a high balance and moderate liquidation rate
Silver – Accounts with a high balance and low liquidations rate
Bronze – Accounts with low balance and low liquidations rate
This “smart” system regularly identifies which 50% of accounts assigned will generate 85% of the dollars recovered. By sorting the accounts, Conrad Credit can prioritize and focus on selected accounts which will yield a higher recovery rate.