Creating Credit Bureau Pull Files

You can use Collect! to make Credit Report requests. The Credit Bureau will require you to place a file, in a specific file format, in a location. Then they will tell you a location where you can download the results.

If you can get the specific file format specifications, Collect! can produce the file for you. Then you would only need to be concerned about what you need to do to get the file to your Credit Bureau. This eliminates the middle man.

There are many ways that this may be accomplished. A simple example is given here. While a user is on a Debtor, you would run a contact plan to

1. Writes a note "Credit Bureau Report requested."

2. Change the status to CBP (to signify credit bureau pull.)


3. Create a contact of type OTHER with the DUE DATE set to
today with Description "Request Credit Bureau Report."

Proceed to the next debtor. You may also select a number of debtors and then batch process the same contact plan against them. This will give you the same results on any number of accounts.

The next step would be to run a report at end of day, end of week or what ever time you wish. The report would search the database for the contact created by the contact plan. When one is found, Collect! would append to a file, the debtor's information needed in the required format. Once this is done, Collect! could mark the contact as done and repeat the steps until there are no more contacts found.

The last step would be for you to find the file created and send it to the Credit Bureau according to their instructions.

The process is complete. You will then receive a file with the batch of credit bureau reports. Follow the steps to import and attach these to the correct debtor account.

Requesting in batches is far more efficient and eliminates the time that it takes to deliver a single request at a time.

This is just one method to create a file of many accounts for your service to get a credit bureau reports on. You need only define a method to flag such accounts and then write a report or an export map to produce the file in the desired format specified by your service.