article thumbnail

CSA CEO Chris Leslie gives industry current state of play speech at MALG conference

CSA

in the collections and credit management market. The impact of the pandemic on the credit/consumer eco-system has been profound, but the CSA?s s member firms have continued to facilitate payment deferrals and offer forbearance beyond the Government?s s Debt Management function. state of play? s requirements.

article thumbnail

Continuous Financial Education for Women Small Business Owners

Fico Collections

Karen Bennetts, of NAWBO and Owner & Founder of Little Red Bird, and Katie Vlietstra Wonnenberg, vice president for Government Relations and Public Affairs of NASE, also joined me on the panel. Your personal credit and financial history matters. 75% of small business owners use their own personal credit to get started.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Introduction to an ML-Powered Debt Management Approach

Qualco

In that context, lenders need to have access to state-of-the-art technology to avoid major losses. Instead, the credit management industry is left behind the curve using outdated approaches and traditional risk models that only have access to limited or inappropriate data. The problem. Refined segmentation for personalisation.

article thumbnail

#heretohelp campaign update

CSA

The January/February 2020 issue of Credit Management includes a feature on how the industry can encourage greater engagement with customers who are in financial difficulties, and looks at the role of the CSA?s This goes beyond what is possible for any one individual lender, however helpful they may try to be.? She adds: ?If

article thumbnail

Canada Bankcard Industry Benchmarking Trends: 2022 Q1 Update

Fico Collections

The government of Canada raised its target for overnight rate to 50 bps to 1 % on April 13th, 2022. Further rate hikes are expected as Canada’s government tries to combat inflation. These events will slow down global economic recovery and will put pressure on all aspects of the credit life cycle for issuers and lenders.

article thumbnail

5 Best Credit Repair Companies – Updated April 2022

Better Credit Blog

Since you are more of a participant in the process, you’ll have a better understanding of your individual situation when you reach out to a credit repair company. Typical problems arise from: Bankruptcies : Declaring bankruptcy can resolve short-term problems while also creating long-term credit issues. Debt Settlements.