The Annual Utilities Credit and Collections Symposium — a premier event for utility industry credit and collections professionals — takes place in Sarasota, Florida, from February 28 to March 1. Once again, the Equifax team is delighted to be among an exclusive group of industry solution providers that will be participating.
Alongside three energy providers, Bill Brito, Exchange Partnerships Leader at Equifax, will contribute to a panel discussion on the pros and cons of “Full-File Credit Reporting.” Bill brings a unique perspective to the conversation as a business leader at Equifax, a provider of wide-ranging consumer data and analytics. To improve collection efforts, Equifax has a host of utility customers that tap into negative credit data and full-file credit data, which includes both positive and negative information.
Beyond the credit file there are other types of data sources that can help bring clarity to decision-making. For example, alternative data provided by the National Consumer Telecommunications and Utilities Exchange (NCTUE) offers insights into consumers with thick files, thin credit files or no files at all.
NCTUE is an association of telecommunications, pay TV, home security and utility providers that anonymously share consumer payment information to help members better identify and manage financial risks. Leveraging industry-specific modeling and analytics based on relevant data not found in traditional credit data sources has resulted in the ability to reduce write-offs and recover debt faster for many small to multi-regional utility providers.
More information on NCTUE
More information on the 2017 Annual Utilities Credit and Collections Symposium