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FICO® Debt Manager™ Solution Frequently Asked Questions Banking

FICO® Debt Manager™ Solution Frequently Asked Questions Banking

Debt Manager Version 11

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Welcome to the world of debt management solutions from FICO. Thousands of businesses worldwide, including all of the top 10 Fortune 500 companies, two-thirds of the top 100 banks in the world, all of the 100 largest financial institutions in the US and all of the 100 largest US credit card issuers, rely on FICO to make every decision count.

FICO offers solutions that drive smart decisions and increased revenues. We’re pleased to present FICO® Debt Manager™ Solution (referred to as Debt Manager in the remainder of this document), part of the debt management suite of products and services revolutionizing the debt collections and recovery industry. Debt Manager delivers heretofore unavailable efficiency, scalability and cost savings in debt management excellence.

Industries served by Debt Manager include:

  • Financial Institutions — banks, retail, medical, insurance, debt buying, attorney network, auto finance, cable, utility, medical, student loan
  • Government — property tax, court, health and human services, overall state collections
  • Third Party — collection agencies, student loan, commercial, medical and more

This document provides answers to just some of the questions most frequently asked about our solution. We hope it will be useful in introducing you to the world of Debt Manager and why it has been implemented successfully in so many organizations worldwide.