2022 03 Loans Related Topics 
Collection Industry News
OCTOBER 10, 2022
Moorari Shah, October 7, 2022. The CFPB released a special edition of Supervisory Highlights on student loan servicing practices of loan servicers and schools lending to students directly. In particular, examiners observed servicers misrepresenting eligibility dates and the requisite number of payments to qualify for relief.
Fico Collections
SEPTEMBER 15, 2022
Saudi Credit Bureau Delivers Access To Loans For Millions with Score. Fri, 09/09/2022 - 03:42. Thu, 09/15/2022 - 06:00. Prior to the implementation, lenders in the region had been relying heavily on salary data to assess a consumer’s propensity to repay a loan. Saxon Shirley. by Nikhil Behl.
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Fico Collections
FEBRUARY 10, 2023
Home Blog FICO Consumers Prioritize Mortgage Payments Over Auto What are the drivers behind this mortgage and auto loan payment hierarchy behavioral shift and is it likely to be a lasting trend? Mortgage and home loan accommodations peaked at 9% in June 2020.
Fico Collections
DECEMBER 6, 2022
US Bankcards Industry Benchmarking Trends: 2022 Q3 Update. Tue, 03/23/2021 - 22:16. Tue, 12/06/2022 - 16:00. One more unknown is how the expiration of student loan payment deferment and the upcoming loan cancellation will impact the overall cash flow of consumers. NicholetteLarsen@fico.com. by Leanne Marshall.
Fico Collections
AUGUST 16, 2022
US Bankcard Industry Benchmarking Trends: 2022 Q2 Update. Wed, 05/25/2022 - 03:43. Tue, 08/16/2022 - 15:30. Then in the Spring of 2022, the Federal Reserve began increasing interest rates slowly because they believed that inflation was going to be short-lived. in June 2022 is 10.7% Saxon Shirley.
Fico Collections
AUGUST 3, 2022
Wed, 08/03/2022 - 15:35. In addition, homeowners are beginning to struggle to pay their mortgages, with foreclosure filings increasing by 153% in the first six months of 2022 compared to the same period last year. FICO Resilience Index Enables Proactive Mortgage Servicing Strategies. expand_less Back To Top.
Fico Collections
MAY 19, 2023
A Commitment to Education To provide further transparency and help customers gain a better understanding of their financial health, Prosper also partnered with FICO to enable borrowers who obtained their personal loan through Prosper to view their FICO® Scores for free through the FICO® Score Open Access program.
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