Employment data
Use employment data to facilitate effective collections efforts
Request more informationDig deeper into consumers’ employment histories for a more detailed view
In order to derive the clearest picture of accounts within a debt portfolio, you need a reputable source for relevant consumer information.
Tapping into the massive data repository of TransUnion’s TLOxp solution—comprised of over 225 million public and proprietary employment records—helps enhance your skip tracing efforts and accelerate your recovery rates. With access to this powerful data, you can now:
- Locate consumers quickly to help you recover more debt
- Spend time and money wisely by focusing on searches with high-volume batch scrubs
- Conduct more extensive due diligence to help mitigate risk
Because our clients’ usage and needs vary in scope, we offer different employment solution options, enabling you to choose which one best supports your business.
TransUnion Employment Solutions*
| EMPLOYMENT SOLUTION | DESCRIPTION | HIT RATE | VER. RATE | RETURN RATE | AVAILABILITY | ||
|---|---|---|---|---|---|---|---|
| TLOxp online | Batch | API | |||||
| Standard | All available aggregated employment data except the several sources designated premium | 40% | 3% | Same day | • | • | • |
| Premium | Higher quality aggregated employment data derived from several of our highest quality sources | 6% | 20%+ | Same Day | • | • | • |
| Verified | Manually-verified employment data | 2% | 100% | Over the course of 30 days | • | ||
*Results may vary by customer and asset type.
Batch monitoring is available for Employment and Premium Employment services.
Improve Efficiency and Reduce Risk with Inventory Segmentation
Managing Risk — and Protecting Your Bottom Line — With Smarter Segmentation
Consumer Credit Origination, Balance and Delinquency Trends: Q2 2018
Synthetic Fraud Myths: Are All Identities Created to Charge-off?