Dig 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:
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|
|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.
“We’ve used multiple services for POE data, seemingly all the big industry sources. The results were generally the same; verified POE was very accurate but incredibly costly. Unverified POE was incredibly inexpensive but the results were poor and not worth our time to follow-up on. TLO’s premium place of employment product provided us with the balance we were looking for. Nice job TLO!”
- Rick Bonitzer, President, Credit Collection Partners