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Is Your Collections Operation Ready for the Economic Recovery?

Fico Collections

At the same time, the continuing impact of furlough payments and salary protection schemes have again delayed many lenders' ability to fully understand the true impact of the pandemic on consumer finances.

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Top 5 Debt Collection and Recovery Posts of 2021

Fico Collections

2021 saw debt collection and recovery professionals grappling with new regulations while they developed better ways to monitor and handle vulnerable customers during the pandemic. While Government will likely take a hand in directing the pace of some collection activities, others will be determined by the debt holder.