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Predictive Modelling for Debt Recovery
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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Optionskobus Member Posts: 2 Contributor I
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?
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OptionsMartinLiebig Administrator, Moderator, Employee, RapidMiner Certified Analyst, RapidMiner Certified Expert, University Professor Posts: 3,510 RM Data Scientist
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, Germany1
Answers
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.