Remove category covid-19
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Q1 Industry Insights: Consumers Will Consume, Lenders Will Lend, Delinquencies Will Rise

True Accord

For many families, government stimulus through child tax credits (which ended in December) was helpful in covering the gaps in income from pandemic losses, but it wasn’t enough to prepare them to take on new expenses and restart all the financial obligations that were temporarily on hold. And lenders are happy to lend.

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Top 5 Debt Collection Posts for 2020: Pandemic Perspectives

Fico Collections

Fortunately, our bloggers stepped up with timely analyses of the challenges facing lenders in an era of payment holidays, furloughs and higher unemployment. Here were the five most popular posts in this category last year: #1. Debt Collection And Covid-19: What Past Crises Can Teach Us. The duration of impact.

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Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

Like most industries today, Consumer Finance Services businesses are being significantly impacted by the novel coronavirus (COVID-19). In response, Troutman Pepper developed a dedicated COVID-19 Resource Center to guide clients through this unprecedented global health challenge. State Activities.

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Top 5 Customer Development Posts of 2020: COVID and Beyond   

Fico Collections

In this category, COVID-19 was a pressing topic but didn’t dominate the discussion as it did in the Debt Collection & Recovery category. Finding Business Opportunities From Covid-19. “Is Is COVID-19 ’the Turn’?” Five Things We Value More Because Of Covid-19.

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Free Credit Repair for Low-Income Individuals?

Credit Corp

Breaks your credit performance down into five major categories, scoring each with an easy-to-understand letter grade. During the COVID-19 pandemic, the credit bureaus started offering this perk once a week. If you’re denied credit based on something in your credit report, the lender must notify you in writing.

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Top 5 Fraud and Financial Crime Posts of 2020: Biometrics & More

Fico Collections

It’s no surprise that COVID-19 would be one of the subjects that drew readers to the FICO Blog last year, but for the Fraud Protection and Compliance category it wasn’t the only top draw. The inherence category is moving beyond fingerprints, voice and facial scans, Doug noted. “ 5: 8 Tips For Avoiding Covid-19 Scams.

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Canada Bankcard Industry Benchmarking Trends: 2022 Q1 Update

Fico Collections

Consumers continue to feel the squeeze as prices rose in all major market categories. 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.