Fico Collections

JANUARY 3, 2023

Agile Collections Strategies Can Protect Loyalty in Tough Times. It's a fixed and unyielding lending strategy based on simply increasing back-office capacity to tackle high volumes of pre-set segmentations, strategies, treatments and policies. Intuitive And Smart Collections Strategies to Offer Customer Safeguards.

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Fico Collections

NOVEMBER 3, 2022

Debt Collection: Have We Learned the Lessons of the Last Crises? While the current series of economic shocks may seem "unprecedented", there are clear lessons from past crises that should shape our collections strategies today. Four Key Collections Factors Shaping Analytic Insights, Strategy, Policy and Execution. FICO Admin.

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Fico Collections

JULY 6, 2021

Properly managed, the debt collections process can be an effective customer service and anti-attrition tool. Underestimating less resilient delinquent borrowers’ default risk under stress results in a reduced collections priority, allowing other creditors to compete more effectively for limited repayment resources.

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Better Credit Blog

OCTOBER 2, 2020

While it may have only been caused by a simple mistake, debt in collections can have harsh consequences on your credit score and your everyday life. If you’re being contacted by Healthcare Revenue Recovery Group and aren’t sure how to proceed, take a deep breath and relax. What Is Healthcare Revenue Recovery Group?

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Fico Collections

JANUARY 19, 2023

While UK support will continue through 2023, and possibly into 2024, we can expect to see it provided on a more targeted basis as governments face rising debt burdens as a proportion of GDP. Here are my three predictions for risk management and customer treatment in 2023. Timely forbearance is everything.

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Fico Collections

JANUARY 6, 2021

Posts dealing with debt collection were among the most popular on the FICO Blog last year, for obvious reasons. They also offered perceptive tips for dealing with what they dubbed the “debt tsunami.”. They also offered perceptive tips for dealing with what they dubbed the “debt tsunami.”.

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Fico Collections

JANUARY 18, 2023

Top 5 Debt Collection Posts of 2022: Crisis and Opportunity. The continuing effects of the pandemic, rising costs of living and skyrocketing energy costs put sharp pressure on household budgets in 2022. Here are the top five posts from 2022 on debt collection trends. Digital Debt Collection and Early Collections.

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