By the time you discover that a consumer is about to become a charge-off, it may be too late to take action. CoreLogic® Teletrack™ offers its customers pro-active notification of positive and negative status changes in their current accounts as they occur. Using our Account ALERT service, you can designate different types of status changes you want closely monitored. Based on certain types of alerts, you can prioritize accounts for early collection or alter your collections strategy to pursue more aggressive recovery tactics at the most critical time — before the account becomes a costly charge-off. For example, certain alerts warn of an account that has just charged-off with another business, prompting you to pay closer attention to that consumer who has an account with you as well.

As a Teletrack subscriber, you can use the Account ALERT service by sending us a list of accounts you want to monitor for status changes. You control which accounts are monitored and the duration of the monitoring by sending CoreLogic Teletrack periodic updates that include new additions or deletions to your list of accounts. We notify you of these account status updates:

• Charge-off
• Paid Charge-off
• Inquiry
• Tenant Inquiry
• Tenant Court Record status change
• Bankruptcy status change