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Risk and Lending Predictions 2023: Hyper-Personalisation and More

Fico Collections

But right now, it’s the rising costs that are proving an acute challenge for borrowers as prices are being driven primarily by the spike in energy costs due to the war in Ukraine which, in turn, has had a direct impact on the pricing of essentials such as food and clothing. The challenge will be further exacerbated as an estimated 1.4

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