2020 08 Government Related Topics 
Fico Collections
AUGUST 29, 2022
Tue, 08/30/2022 - 12:00. Looking back to 2020, the average FICO® Score increased most notably for consumers with FICO® Scores between 550 and 699. For example, consumers with FICO® Scores between 550 and 599 saw a score increase of up to 20 points from April 2020 to April 2021. by Ethan Dornhelm. expand_less Back To Top.
Burr Forman
AUGUST 31, 2021
In 2020 alone, approximately 11,000 ADA Title III lawsuits were filed in federal courts. Wall , IV joins Burr & Forman’s Columbia, South Carolina office as Counsel in its Government Relations practice group. Employers Should Plan Now for 2022 Health Care Transparency Rules (Source: BenefitsPro, 2021-08-17).
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Fico Collections
OCTOBER 26, 2022
Thu, 08/22/2019 - 12:37. There are rules governing citizens’ exposure to myriad potentially harmful actions, and decisions made by unsafe algorithms should not be overlooked. It also requires a rigorous AI governance framework, in order to demonstrate adherence to established standards and auditable AI in deploying these tools.
Collection Industry News
SEPTEMBER 2, 2023
That’s more than triple the average amount of new debt households have taken on in that period since after the Great Recession of 2007-08. While those balances are rising, the average household has a bit less monthly credit card debt than it did before the coronavirus pandemic took hold in early 2020.
Fico Collections
MAY 18, 2023
Dock began implementing Falcon Fraud Manager in 2019 and added CCS in 2020. Dock introduced FICO CCS for Fraud in 2020 to combine the speed of fraud prevention with prompt and efficient customer communication. The fraud prevention solution is based on FICO® Falcon® Fraud Manager and FICO® Customer Communication Services (CCS).
Katabat
APRIL 23, 2021
In the 3 quarters from 4Q 2019 through 2Q 2020 industry reserves more than doubled, and in that time went from a generational low (1.15% in 3Q 2019) climbing to nearly 60% of the 2008 recession peak by mid-2020. It was also stunning how rapidly loan loss reserves were built. The world of credit seemed headed for some very dark days.
Fico Collections
AUGUST 16, 2022
Tue, 08/16/2022 - 15:30. We are also observing climbing delinquency rates, which have exceeded levels seen prior to the start of the COVID pandemic (March 2020). lower than it was in January 2020. higher than June 2020. US Bankcard Industry Benchmarking Trends: 2022 Q2 Update. Saxon Shirley. Wed, 05/25/2022 - 03:43.
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