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The most revolutionary feature of the CMAX NDSE is the ability for buyers and sellers to transact individual accounts online. The ability to purchase customized portfolios of debt has given purchasing power to the smaller debt buyers and leveled the playing field between large and small buyers.

Historically in the debt-resale industry accounts were only traded in large blocks ($20 million or more) consisting of accounts from all over the country. These large packages were not affordable to or workable by collection attorneys with local litigation powers. Prior to NDSE, these smaller collection outfits and attorneys would typically have to wait for larger purchasers to offer accounts for sale in smaller more manageable packages.

NDSE accounts can be sorted based on 15 different account characteristics and allows debt buyers to view masked data prior to purchasing the selected accounts. The customizable portfolios purchased through NDSE gives collection and litigation firms the opportunity to maximize liquidation rates by only purchasing accounts which they can collect. When debt buyers are forced to purchase debt outside of their standard criteria, the overall return on investment suffers. CMAX NDSE customized portfolios enables collection and litigation firms to be more efficient which increases the propensity to maximum liquidation potential.

Now that buyers and sellers can transact online through NDSE debt buyers can customize the portfolios they want to purchase based on specific collection model criteria. For instance, if a local debt buyer in West Palm Beach, FL only wants to work in small claims court (claims less than $5,000) in the Palm Beach County Main Courthouse, NDSE enables those debt buyers to select only those accounts meeting their specific criteria. Those buyers may select accounts in that specific zip code (33401) with a current balance of less than $5,000.

 

Why Buy Individual Accounts? This diagram illustrates the value in purchasing individual accounts direct from the issuer.
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