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Debt Management: Signs This Is for You

Debt Guru

If you have been turned down for new credit or higher balance limits on existing cards, you might have a debt problem. Too much debt scares potential lenders because they doubt your ability to pay them back, and this leads to application denials. Start by checking your financial house for these nine signs. Denied Credit.

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Collections Optimization and Ethical Debt Management at Ultimo

Fico Collections

Debt remediation is at the forefront of the financial services industry’s response to the pandemic, and this is leading collections operations to advanced analytics such as collections optimization. We are complementing Ultimo’s market-leading collections expertise with innovative data science.”.

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Introduction to an ML-Powered Debt Management Approach

Qualco

The debt challenge across Europe keeps unfolding, especially after many of the moratoria that were in place in the previous months ended. According to our NPL Outlook Europe 2021 report, global debt could exceed $360 trillion by 2030. In that context, lenders need to have access to state-of-the-art technology to avoid major losses.

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Katabat Expands Product Reach by Acquiring Simplicity Collection Software

Account Recovery

5, 2021 /PRNewswire/ — Katabat, a leading global provider of debt management software solutions for lenders, fintechs, and collection agencies, announced today that it has acquired Simplicity Collection Software of Idaho Falls, Idaho. WILMINGTON, Del.,

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Rising cost of living: Leveraging ML and advanced analytics for proactive debt management

Qualco

By utilising advanced technologies and digital tools, financial institutions will be in a position to increasingly modernise debt collection and build a sound framework that will identify at-risk customers before they fall behind on payments. Want to get a full grasp on the ways they can do so?

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Katabat Attracts Significant Growth Investment from Tritium Partners and Terminus Capital Partners

Account Recovery

August 5, 2020, Wilmington, DE – Katabat, a leading global provider of debt management software solutions for lenders, fintechs, and collection agencies, announced today a strategic growth investment from Tritium Partners, a growth-focused private equity firm with extensive experience investing in fintech and financial services companies, and Terminus (..)

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How To Account for Growing Student Loan Delinquencies

Micro Bilt

In the current high-risk economy, where student loans constitute a significant portion of many individuals' debt, lenders increasingly recognize the need for a more nuanced approach to customer relations and debt management.