Remove 2021 05
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Top 5 Scores Posts of 2022: Steady FICO Score, BNPL and Alternative Data

Fico Collections

Saxon Shirley Fri, 05/20/2022 - 06:06 by FICO expand_less Back To Top Tue, 02/07/2023 - 19:10 As the independent standard in credit scoring, FICO® Scores are the leading credit scores used extensively across the lending ecosystem.

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What is the Difference Between the FDCPA and the FCCPA?

Jimerson Firm

For example, “[a] mortgage servicing company is a debt collector under the FDCPA if it acquired the loan at issue while the loan was in default.” 8:05-CV-1390-T-27EAJ, 2006 WL 1679645 (M.D. A person attempting to collect his or her “own” debt, is not a debt collector under the FDCPA. Bank of Am., 3d 1197, 1204 (M.D. Section 559.77

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US Bankcard Industry Benchmarking Trends: 2022 Q2 Update

Fico Collections

Wed, 05/25/2022 - 03:43. The key is how these macrolevel measures impact individuals’ finances – all consumers are paying higher prices at the grocery store and gas station, but not all cash strapped consumers are shopping for loans or carrying large amounts of debt. US Bankcard Industry Benchmarking Trends: 2022 Q2 Update.

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Addressing Portfolio Risk in Economic Uncertainty: Part 3 (2022)

Fico Collections

Thu, 05/12/2022 - 07:46. Impressively, the Federal Reserve reported Q1 2022 delinquency rates on all consumer loans of 1.63% , one of the lowest marks in the 35+ years it has been tracked. 1 “Delinquency Rate on Consumer Loans, All Commercial Banks.” Addressing Portfolio Risk in Economic Uncertainty: Part 3 (2021).

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Top 5 Surprises from FICO’s Fraud and Digital Banking Survey

Fico Collections

Mon, 12/05/2022 - 15:10. A report released by the FTC in February 2022 indicates a 71% increase in fraud in 2021, which cost consumers roughly $5.8 A report released by the FTC in February 2022 indicates a 71% increase in fraud in 2021, which cost consumers roughly $5.8 Tue, 07/02/2019 - 02:45. by Sarah Rutherford.

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Are Student Loan Holders at Risk as Deferments Expire?

Fico Collections

Home Blog FICO Are Student Loan Holders at Risk as Deferments Expire? Here we present results of our research into FICO® Score dynamics for holders of student loan debt between 2021 and 2022, to give an indication of key factors that seem to accompany large decreases in the FICO Scores of this population. at April 2022.

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5 Ways Subscription Fraud Attacks Telcos - and How to Fight Back

Fico Collections

billion, according to CFCA’s 2021 Fraud Loss Survey Report. These are then used to defraud multiple banks with fraudulent accounts, credit cards, and loans. Subscription fraud can be a symptom of or gateway to other frauds. For example, a synthetic identity could be used to create a fraudulent subscription.