Fico Collections

MARCH 8, 2021

Over the past several years, we’ve helped lenders develop on-ramps to mainstream credit using alternative data for those seeking financial inclusion. Our research finds that alternative data sources that demonstrate a consumer’s ability to manage their finances are predictive of consumer credit risk.

Lender 52

Lender Credit Bureau Acquisition Financial services 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.

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.

Acquisition 52

Acquisition Credit Unions Credit Unions Financial Institution 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

FDCPA Defense

MAY 6, 2014

In addition, given the “variety of sources of information to assess the creditworthiness of prospective borrowers,” the Bureau asserted that “debt collectors may well deceive consumers if they make representations about the nature or extent of improved creditworthiness that result from paying debts in collection.” 2d 896 (N.D.

Creditworthiness 40

Creditworthiness Debtor Debt collector Consumer Credit 40