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What Does 2023 Have in Store for U.S. Credit Risk and FICO Score Trends?

Fico Collections

government and financial institutions to implement significant guard rails and safety net programs for consumers such as the government stimulus, extended unemployment benefits, and payment accommodations. Consumers face debt burden challenges that could impact U.S. credit risk and FICO® Score trends.

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Meeting Debt Collection Challenges Amid a Squeeze on Income

Fico Collections

Tue, 07/23/2019 - 04:13. The expected debt tsunami predicted in many markets simply didn’t materialise thanks to government-backed income protection initiatives and payment holiday tolerance by creditors. Collections books for many lenders reduced. Collections books for many lenders reduced. by Bruce Curry. See all Posts.