Credit Reporting
Our company has access to the four major credit reporting agencies which has proven to be an effective tool in skip tracing and collecting past due accounts. Reporting the delinquency to Dunn and Bradstreet (Commercial Accounts), Equifax, Experian, and Trans Union Credit Bureaus will prevent the debtor or company from obtaining credit which may encourage prompt payment. We can update credit ratings when the account is paid in full. We also use these bureaus for locating debtors and assets.
Louisville Collection Agency uses several services that informs us when an individual or a business has a new address, phone number, new employment, new banking information, newly purchased property, and much more. We have updated credit software that has given us more capabilities than other collection agencies in Kentucky.