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CACi Continues Growing, Acquires Two More Agencies

Account Recovery

CACi) is excited to announce the acquisitions of Creditors’ Discount & Audit Co. CDA) and The Credit Bureau of Columbia/Account Management Services (AMS). Ann, Mo — April 22 — Consumer Adjustment Company, Inc. That CDA and AMS had corporate philosophies that […]

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Expanding Access to Credit Through Alternative Data

Fico Collections

This type of credit can be expensive compared to credit available through most mainstream banks. And lenders receive a more complete and predictive picture of a given consumer’s credit risk, helping them more confidently grant more credit to consumers and ultimately build a more inclusive financial system. .

Lender 52
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Pre-Delinquency Measures for Financially Vulnerable Customers

Fico Collections

Relying solely on credit bureau data is simply insufficient and acutely inefficient. As a result, there’s growing recognition of the value of accessing and combining a broader range of real-time datasets from third-party providers, often underpinned by "traditional" credit bureau insight.

Lender 52
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How Financial Technology Partners can Help with Customer Acquisition Campaigns

Fico Collections

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.

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How Credit Unions and Regional Banks Can Execute Strong Customer Acquisition Campaigns

Fico Collections

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.

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Covid to Cost-of-Living: Assessing Affordability in Uncertain Times

Fico Collections

Data can be further enriched with real-time credit bureau analyses and open banking insight to validate customers’ financial positions. It delivers clarity with standardised, granular data assessments of customers’ income, exposure, and commitments. How FICO Can Help You Improve Affordability Assessments. See all Posts. Related posts.

Lender 52
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Is The CFBP's Position On Credit Reporting Statements Consistent With The Case Law?

FDCPA Defense

During the past three decades, district courts from around the country have repeatedly held that collectors may properly inform consumers about adverse credit consequences resulting from their failure to pay. Credit Bureau of Georgia, 555 F. Financial Credit Corp. MKM Acquisitions, LLC , 241 F. See, e.g., Wright v.