is a very effective solution designed to maximize the collections effectiveness for financial institutions by minimizing the expense and uncertainty in collecting debt.
The Collections Outsourcing Service of Lending Solutions, Inc. provides a proactive program to significantly improve the collections operations and overall bottom line of participating financial institutions without the added investment in staff, time, training and resources.
Reduce collections costs
LSI’s objective is to reduce the administrative burden of servicing collections accounts, improving delinquency rates and rehabilitating the borrower’s delinquency patterns. The methods of LSI not only produce results on past due accounts, but also exemplifies a commitment to quality service, unmatched by any local or national provider of collection services. We want to ensure your financial institution’s valuable resources are focused on exceeding sales objectives rather than dealing with delinquency.
Better collections results
LSI’s Collections Outsourcing Service has lowered the average delinquencies of many of our clients by 50 percent or more.
Product Features
Collection of all types of debt at every stage of delinquency
Successful methods with high recovery rates
Instant updating with client database
Transparent service as first-party collector
Evening and weekend phone calls
Fixed pricing structure based on account volume
Toll-free, customer-assistance hotline assigned to client