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Construction and Real Estate E-Note August 2021

Burr Forman

Emily Mack was quoted in an August 2, 2021 article published by the Society for Human Resource Management (SHRM) discussing employer vaccination policies. On July 6, 2021, the Department of State updated its National Interest Exception (“NIE”) guidelines. Contact Mike in Mobile, AL at (251) 345-8216 or mrich@burr.com.

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FICO Score 10, Most Predictive Credit Score in Canadian Market

Fico Collections

Tue, 07/02/2019 - 02:45. While the general trend in Canada’s average FICO® Score has been consistently increasing through the COVID-19 pandemic, the increased average FICO® Score in Canada between April 2021 and April 2022 is much more modest (1 point) than the larger uptick (8 points) observed between April 2020 and April 2021.

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Canada Bankcard Industry Benchmarking Trends: 2022 Q1 Update

Fico Collections

Tue, 07/02/2019 - 02:45. Tue, 06/07/2022 - 15:00. The government of Canada raised its target for overnight rate to 50 bps to 1 % on April 13th, 2022. Further rate hikes are expected as Canada’s government tries to combat inflation. The average total sales in December 2021 were at a two-year high point.

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Responsible AI: Are European Firms Ready for the Regulators?

Fico Collections

The EU Sets Out the First Legal Framework for AI Regulation In April 2021, the European Commission and EU member states kicked off a coordinated plan placing Europe on a path to becoming a global leader in cutting-edge, trustworthy artificial intelligence. Less than 20% of AI budgets are being spent on it.

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Top 5 Scores Posts of 2022: Steady FICO Score, BNPL and Alternative Data

Fico Collections

Saxon Shirley Fri, 05/20/2022 - 06:06 by FICO expand_less Back To Top Tue, 02/07/2023 - 19:10 As the independent standard in credit scoring, FICO® Scores are the leading credit scores used extensively across the lending ecosystem. Now, the average FICO® Score has leveled off during the second year of the pandemic.

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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. Bruce Curry has been named to the Credit 500 in 2020, 2021 and 2022.

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Debt Collection: Have We Learned the Lessons of the Last Crises?

Fico Collections

Tue, 07/02/2019 - 02:45. Elsewhere, in markets like Turkey, where inflation is running at +70%, it’s only government intervention that’s delaying an indebtedness crisis. As a result, lenders’ collections’ books are already growing. Bruce Curry has been named to the Credit 500 in 2020, 2021 and 2022. FICO Admin.