Fico Collections

DECEMBER 8, 2022

Building portfolio risk resilience into Collections & Recovery. Properly managed and strategized, the debt collections process can be an effective customer service asset and anti-attrition tool, in addition to being its classic role in portfolio risk management. Addressing Portfolio Risk in Economic Uncertainty: Part 4 (2022).

Trade 52

Trade Lender Acquisition Collections 52

Troutman Sanders

NOVEMBER 13, 2023

One revision now requires hospitals to complete a screening process to determine whether a particular patient is eligible for charity care before taking certain action, such as enrolling the patient in a payment plan or referring the account to in-house or third-party collections, on the patient’s account. For more information, click here.

Financial services 52

Financial services Manufacturing Debt Management Debtor 52

Troutman Sanders

JUNE 14, 2023

On June 8, the CFPB acted against a medical debt collector for numerous debt collection and credit reporting violations. In at least thousands of cases, the debt collector continued to attempt to collect on a debt that was not substantiated after a consumer disputed the validity of the debt. collectively, “Coinbase”).

Financial services 52

Financial services Financial Institution Student loans Student Loans 52

Troutman Sanders

JULY 12, 2021

On July 9, President Joe Biden issued an executive order, requiring federal regulators to increase scrutiny of mergers and acquisition within the banking industry. On June 30, the CFPB released a blog post regarding trends of commercial reporting on consumer credit. billion for nearly 92,000 borrowers.

Financial services 52

Financial services Student loans Student Loans Foreclosure 52

Fico Collections

JULY 9, 2021

Many credit unions and smaller regional banks already have an existing relationship with a partner that include solutions to help them with business challenges such as fraud monitoring, risk profiling and customer communications.

Acquisition 52

Acquisition Credit Unions Credit Unions Financial Institution 52

Fico Collections

AUGUST 10, 2022

Easier to qualify for, BNPL has given shoppers, particularly those with little or no credit history, the ability to access – or stack - multiple BNPL arrangements at once without them appearing in bureau data used to assess consumer credit risk. Read Debt Collection and COVID-19: Assessing Affordability. Matt Cox.

Lender 52

Lender Banks Loans Acquisition 52

Fico Collections

JULY 9, 2021

Many credit unions and smaller regional banks already have an existing relationship with a partner that include solutions to help them with business challenges such as fraud monitoring, risk profiling and customer communications.

Credit Unions 52

Credit Unions Credit Unions Acquisition Banks 52