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Search Results
10 November, 2021

Various servicers are involved in the NPL workout: from independent brokers to international companies. The new debtify partner EXCON is one of the larger companies. The company website contains over 140 services and software products for a wide variety of industries. EXCON has been a partner and solution provider for companies in the finance, mobility and insurance industries for 30 years. That is why we spoke to the Head of Credit Management Frank Rogge for this “Servicer introduce themselves” interview. Rogge sees the E...

4 August, 2021

NPLs are uncomfortable for everyone involved. The creditor wants the greatest possible net return, the customer a way out of his credit. Everyone involved has one thing in common: They want a quick, efficient workout. But mostly NPL workouts are a patchwork quilt: Often many companies, departments and experts are involved in every NPL portfolio. This makes the process inefficient: -Companies work with different data models, which results in information asymmetries. -Processes differ from each other. So every step causes ne...