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US Bankcard Industry Benchmarking Trends: 2022 Q1 Update

Fico Collections

Fri, 06/03/2022 - 12:48. Thu, 06/16/2022 - 15:00. However, unlike during the Great Recession, government stimulus and payment deferral programs kept delinquency at bay when unemployment reached its peak in 2020. compared back to March 2020 when the COVID pandemic first began. higher than March 2020.

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US Bankcards Industry Benchmarking Trends: 2022 Q3 Update

Fico Collections

Tue, 12/06/2022 - 16:00. compared to Q3 2020. prior to March 2020. While unit delinquency rates exceeded pre-pandemic levels earlier this year, balance delinquency rates have lagged due to the balance paydown throughout 2020-2021. Inflation takes hold, bankcards delinquencies surpass pre-pandemic levels.

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Business Interruption Coverage in the Year of COVID-19

Burr Forman

COVID-19 has certainly been a devastating and disrupting force for businesses in 2020. each month of 2020. each month of 2020. As of December 08, 2020, commentators have identified 80 merits-based rulings on motions to dismiss in COVID-19 coverage cases (practically all of which have featured BI claims). 2020), ECF No.

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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. The National Average FICO® Score Has Leveled off during the Second Year of the Pandemic.

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Uphill Battle Awaits COVID-19 Business Insurance Claimants as the Debate Moves up to Appellate Courts

Burr Forman

A fair number initially were filed by business owners seeking income replacement during the temporary government-ordered shutdowns, peaking in mid-2020. An example is tornado damage to a retail store; the policy would cover the store’s repairs plus lost income while closed for repair. 12, 2020); Serendipitous, LLC/Melt v.