Case Study

Snap Finance: Putting Digital-First, Machine Learning-Driven Collections to the Test

In this case study, we look at Snap Finance’s journey to build their first third-party collections program — and their decision to invest in TrueAccord’s digital-first, machine-learning-driven collection solution.

In this case study, you'll learn:

  • How TrueAccord helped Snap Finance improve their liquidation rates by 25-35%
  • How digital-first debt collection maintains data security and compliance in a changing regulatory environment
  • Why machine learning-driven debt collection is the key to continuous optimization

About TrueAccord

TrueAccord is a full-service digital-first debt collection agency that has worked with more than 20 million consumers of major banks, issuers, eCommerce companies and direct lenders. We are transforming the debt collection industry and helping consumers reach financial health with convenient payment plans, customized billing schedules, and easy documentation.