Target Group has today been highly commended for the ‘Best Debt/ Arrears Management Strategy’ category in the Mortgage Finance Gazette Awards 2015.
The industry has acknowledged that lenders need to have effective arrears management processes in place to help customers with fall into debt. The ‘Best Debt/ Arrears Management Strategy’ category called for examples of innovative solutions that are helping customers in this way.
Details of our highly commended solution, which includes intelligent risk profiling, active strategy management, innovative SMS payments and optimising customer interaction, were submitted earlier this year.
Find more information on our arrears management capability across both software and servicing.