Fico Collections

OCTOBER 28, 2022

Information and data continue to be key tools at our disposal to better understand the dynamics of the last couple of years, and better navigate what lies ahead for the Canadian consumer credit environment. Comparing Canadian credit bureau data between April 2021 to April 2020, we saw a notable decrease in missed payments.

Credit Card Debt 52

Credit Card Debt Consumer Credit Credit Bureau Lender 52

Titan Consulting

MAY 3, 2020

All three for-profit credit reporting agencies, Experian, Equifax and Transunion compile and report consumer credit and debt payment activity and sell this consumer information to lenders seeking to grant credit. Here’s why: Who Decides Your Credit Score? Key Takeaways. Final Thoughts.

Credit Bureau 56

Credit Bureau Lender Retrieval Debt Consolidation 56

Fico Collections

AUGUST 29, 2022

and globally -- making access to credit more efficient and objective, which has continued into the present day. FICO® Scores are dynamic and evolve as changes in consumer behavior are reflected in the underlying credit bureau data housed and managed by the three primary U.S. consumer reporting agencies (CRAs).

Credit Bureau 98

Credit Bureau Government Lender Loans 98

Titan Consulting

MAY 17, 2020

Rent, home payments, utilities such as gas, water, electric, and even things like cable or other on-time payment history can be used by credit bureaus to create a reliable credit score from which they can underwrite credit. What lenders use alternative credit data to grant credit?

Lender 98

Lender Debt Consolidation Creditworthiness Credit Card Debt 98

Credit Corp

JANUARY 7, 2021

Unfortunately, holiday credit card debt lingers far longer than leftover turkey. If you don’t—or can’t—repay holiday debt promptly, it’ll accumulate over time. Then, avoid putting any more money on credit cards until you’ve paid off most of the consolidation loan. . Compare Rates on Debt Consolidation Loans.

Debt Consolidation 108

Debt Consolidation Student loans Student Loans Loans 108

Fico Collections

JANUARY 15, 2021

The FICO Blog posts last year reflected that – we wrote about everything from the impact on collections, proactive lender communications with consumers, issues with fraud, and of course, how FICO® Scores were impacted. We hope that what readers learned helped instill confidence in keeping credit flowing during uncertain times.

Lender 59

Lender Loans Consumer Credit Credit Card Debt 59

Troutman Sanders

MAY 9, 2023

The proposed rule would require lenders to assess a borrower’s ability to repay a PACE loan and would provide a framework for how these loans will be treated under the Truth in Lending Act. On May 1, the Federal Trade Commission (FTC) announced a permanent ban from debt relief telemarketing for operators of debt relief scam.

Financial services 52

Financial services Student loans Student Loans Loans 52