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Telecommunications, pay TV and utility companies write off billions of dollars in bad debt each year. To reduce this financial risk, proactive industry leaders have collaborated to form a national exchange, NCTUE®, whose members directly benefit from identifying high-risk consumers during the account acquisition process.
With over 420 million records in the database, NCTUE is the premier, industry-specific data source for accurately assessing new applicant risk. NCTUE allows members to screen new consumers for customer service applications and unpaid closed accounts to decrease write-offs and improve profitability.
By joining NCTUE, members can:
Although results vary, members may see a potential 25% lift in loss mitigation by joining NCTUE. Members also receive updates with new phone numbers and address information for a high percentage of their outstanding, unpaid closed accounts.
Other benefits and value-added services