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Predictive Modelling for Debt Recovery

kobuskobus Member Posts: 2 Contributor I
edited November 2018 in Help

Dear Everyone,

 

I am in need of assistance in predictive modelling within the Credit / Debt collection environment. Can any one assist?

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Best Answers

  • kobuskobus Member Posts: 2 Contributor I
    Solution Accepted

    Thank you for the response. We are are debt collections firm, recovering outstanding accounts for financial institutions. My objectives are to increase our ROI with predictive modelling to establish which accounts are more likely to:

     

    1. Default again

    2. Never pay

    3. Pay

     

    Hope this helps?

     

  • MartinLiebigMartinLiebig Administrator, Moderator, Employee-RapidMiner, RapidMiner Certified Analyst, RapidMiner Certified Expert, University Professor Posts: 3,533 RM Data Scientist
    Solution Accepted

    Dear Korbus,

     

    i will connect with you via email. Might make sense to push this over from community to our commerical use case support.

     

    Cheers,

    Martin

    - Sr. Director Data Solutions, Altair RapidMiner -
    Dortmund, Germany

Answers

  • m_okem_oke Member Posts: 11 Contributor I

    I've done some work in that field and may be able to help, but we will need to know the following:

     

    a) What are your objectives?

    b) Is this on behalf of a debt collector or financial institution (their data differs)?

     

    Your answers will give more clarity for us to help you.

     

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