BEBdata

Have a safe and happy holiday!

With over 25 million records, we don’t just offer data; we offer a window into consumer behavior. In the world of finance, the ability to predict who will successfully recover from a bankruptcy and who will struggle is the difference between profit and loss. Predictive lending is about using large-scale data to identify the “high-potential” recoverers—those who are most likely to maintain a perfect payment history moving forward.
Read more on our bog https://bebdata.com/predictive-lending/

Today, we join the nation in celebrating Flag Day, commemorating the adoption of the United States flag on June 14, 1777. Happy Flag Day!

For financial institutions, a bankruptcy record shouldn’t be seen as a “closed door”—it’s actually an invitation to build a new, long-term relationship. Many of the most successful credit institutions use us to identify consumers who are ready to rebuild their credit through secured or “starter” credit products. These consumers are often highly motivated to prove their creditworthiness, making them some of the most loyal customers an institution can have.
Read more on our blog https://bebdata.com/how-credit-issuers-use-bankruptcy-data/

In an era of digital saturation, it’s easy to assume that social media ads are the only way to reach consumers. However, for the bankruptcy market, Direct Mail remains the undisputed heavyweight champion. When a consumer receives a discharge, their physical mailbox becomes the most important touchpoint in their financial recovery. Automotive clients with a well-timed, physical letter outperforms digital ads by a significant margin. Read more on our blog https://bebdata.com/why-physical-mailers-still-dominate-the-post-bk-market/

One of the most frequent asked questions is: “When is the best time to send a BK mailer?” Understanding the consumer journey from the initial filing to the eventual visit to the forecourt is essential for maximizing your marketing ROI. It’s not a single event; it’s a timeline of shifting needs and legal milestones that dictate when a consumer is most likely to pull the trigger on a new car.
Read more on our blog https://bebdata.com/a-timeline-of-post-bankruptcy-buying/

As we head into the Memorial Day weekend, take a moment to pause and honor the brave men and women who made the ultimate sacrifice in service to our country. Their courage and dedication are the foundation of the freedoms we enjoy today.

Not all bankruptcies are created equal, and treating them as the same is a quick way to tank your conversion rates. For a dealership’s special financing department, the distinction between a Chapter 7 (Liquidation) and a Chapter 13 (Reorganization) filing is critical. BEBdata provides the granularity needed to see these differences, allowing you to tailor your marketing message to the specific legal and financial reality of the consumer.
Read more on our blog https://bebdata.com/tailoring-your-auto-loan-offers/

Thank you for all you do.