FICO® Collection and Recovery Models

Collection and Recovery Models give lenders and collection agencies the ability to manage debt more effectively.

Abstract image
Radial circle
Paying bills
Arrow
Overview

Sophisticated, predictive analytics can give you the edge in your debt collection and recovery processes

Collections & Recovery models help you achieve business objectives and strengthen your ability to compete for payments. By using predictive analytics, leveraging our domain expertise, and applying careful customization, FICO can help determine whether accounts are likely to: self-cure with little to no action on your part, roll to deeper into delinquency (no matter what you do) or make a payment if given the right treatment.

Enabling Technologies

With 60+ years of pioneering work in predictive analytics and artificial intelligence, FICO powers our solutions with the most advanced science available.

AI, Machine Learning & Advanced Analytics

Cloud

Optimization

Platform

FICO Collection and Recovery Models help you answer the four most critical questions for business performance improvement:

  1. What caused changes in performance metrics?
  2. How can we reallocate resources to improve results?
  3. Would changing treatment influence consumer behavior?
  4. How do we get the biggest gains from the least effort?
Technical Details

FICO solutions are built on the most advanced analytic science, leveraging decades of pioneering innovation and real-world expertise.

Collection models are designed to predict outcomes based on a wide variety of factors - including promise and payment history, payment timing, contact channel preference and collector notes.
Models are up to four times more accurate in separating good accounts from bad, which means smarter, more informed decisions based on the likelihood of account delinquency and expected collection amounts.
Collect and recover more by pinpointing the right accounts and the most profitable actions, continually improving results by learning from performance data.
Collection and Recovery Models

How it works

FICO Collection & Recovery Models use smart automation and analytics to empower collectors, increase productivity, and stay compliant, while processing accounts and improving efficiencies like never before.

Event
May 16, 2023 – May 19, 2023

FICO World 2023

Every year, this global forum gives business leaders ideas for advancing their digital transformation, launching new customer strategies and outsmarting the competition. Register now and secure your analytic edge.

Register now
Abstract image

Related products

Learn more about how FICO solutions can drive better decisions and better results for your customers and your organization.

Collection agency

FICO® Collection Optimization

Enhance collector performance and improve roll rates while balancing capacity and expenses.

Explore
Collection agency

FICO® Collection Score

Accurately predict future delinquency of existing collection accounts – allowing you to make more informed, profitable decisions.

Explore
View more

Related resources

Gain fresh ideas and new strategies for making better business decisions with in-depth thought leadership, solution insights, and customer success stories.

Debt Collection and Recovery

White Paper

Drive Better Collection Results with Analytics

Download now
Debt Collection and Recovery

Solution Sheet

FICO® Collection Optimization for Credit Issuers

Download now
View more

From the Blog

Get the latest insights, solutions, and strategies for improving business results from the FICO experts and thought leaders.
AdobeStock_97049629@2x.jpeg
February 28, 2020

Collections Analytics: Are We Missing the Credit Risk Revolution?

Read more
AdobeStock_176159275@2x.jpeg
March 03, 2022

8 Success Tips for Debt Collection in the Pandemic

Read more
AdobeStock_151140392.jpeg
May 14, 2020

Successfully Navigating Debt Collection and Recovery for the Next Ten Years

Read more

Contact Us

Learn how FICO Collection & Recovery Models can help you manage your debt more effectively.

Contact Us