A new debtor tracing service has been launched.
DebtTrace is a new 24-hour service that can be used to locate a debtor on a compliant and legal basis.
The company says that it has designed the tracing service to be highly effective and claims to have a 98% tracing success level, guaranteeing that creditors have the ultimate tool to find debtors and get the money that they are owed without any further delays.
Founder James Gordon-Johnson said “The company recognises that there was an opportunity on the UK market for an entrant that offered a tech back debtor tracking service. We are focused on delivering an automated system that could provide fast, reliable, and accurate results, providing a service to creditors that was entirely value-based.”
“We recognise that the debt market is constantly evolving. With debt levels surging in the UK, it has become of the utmost importance that creditors can find debtors quickly without delay to ensure that they can claim the money that they are owed.”
“The new service provides a key way that creditors can access this possibility. Since this is a 24/7 service, there is also never going to be a delay for creditors seeking out a location of a debtor. The company is focused on providing an unrivalled experience that they believe is the future of debt collection for creditors. Often creditors are left to work with information for debtors that is outdated or even incorrect. DebtTrace™ aims to correct this data issue and ensure that creditors can always access the correct and current information on debtors that they need.”