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Meeting Debt Collection Challenges Amid a Squeeze on Income

Fico Collections

Tue, 07/23/2019 - 04:13. Implemented specific segmentation and treatment strategies for debtors. These challenges will have a significant impact on debtor's ability to pay back what they owe. Bruce Curry has been named to the Credit 500 in 2020, 2021 and 2022. by Bruce Curry. expand_less Back To Top. See all Posts.

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Debt Collections on Tenterhooks with Six and Sevens following CFPB’s Reg F

Fico Collections

Tue, 07/02/2019 - 02:45. Consumer Financial Protection Bureau (CFPB) announced the final rules interpreting the Fair Debt Collections Practices Act (FDCPA) on July 30, which went into effect on November 30, 2021. It's an opportunity to improve the way you interact and engage with your customers. Embrace it. FICO Admin.

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What Is First-Party Fraud?

Fico Collections

Tue, 07/02/2019 - 02:45. Mon, 07/25/2022 - 11:00. As pressure on the bottom line persists in 2021, it pays to put more focus on first-party fraud and take decisive action now. Note: This post is an update of a post originally published in May 2021. What Is First-Party Fraud? by Matt Cox. expand_less Back To Top.

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Top 5 Debt Collection Posts of 2022: Crisis and Opportunity

Fico Collections

Tue, 07/02/2019 - 02:45. In November 2021 there were 134 active initiatives listed. in the year to Oct 2021 (The Money Charity, Dec 2021). Source: Illustrating reducing benefit and return models – Gartner July 2021 . FICO Admin. expand_less Back To Top. Wed, 01/18/2023 - 15:50. Positive Signs for Debt Resolution.

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5 Ways Subscription Fraud Attacks Telcos - and How to Fight Back

Fico Collections

billion, according to CFCA’s 2021 Fraud Loss Survey Report. Fraud masquerades as bad debt There exists in the telecom fraud world a sort of purgatory where fraudsters disguise themselves as bad debtors. Subscription fraud can be a symptom of or gateway to other frauds.