Wed.Sep 07, 2022

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Even in a Crisis, the Best Collections Strategy Is to Avoid Collections

Fico Collections

Tue, 07/02/2019 - 02:45. This new standard was introduced in January 2018 and designed to help lenders and banks enhance their strategy and avoid unpleasant surprises presented in the shape of loan defaults, delinquency, or early collections processes. Even in a Crisis, the Best Collections Strategy Is to Avoid Collections.