2020 11 
Fico Collections
MARCH 23, 2023
January saw inflation slightly pegged back compared to the end of 2022; retail sales also improved marginally in the new year. percent month on month — which could ring alarm bells for lenders. However, there was a spike in those customers missing two payments — 13.6
Fico Collections
AUGUST 16, 2021
Our latest FICO UK Credit Market Report looking at UK card trends for June 2021 shows that average card spend continued to increase compared to 2020. It also exceeds the June 2019 spend by £23 with the sunny weather and the Euro 2020 competition likely to have contributed to this uptick. Looking ahead.
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Fico Collections
JUNE 14, 2021
Our latest UK Credit Market Report on card trends for April 2021 shows the impact of the opening up of hospitality and retail on April 12. As April 2020 was a lockdown month, it is not surprising to see sales are 22 percent higher year on year. Limits are £37 lower than April 2020.
Collection Industry News
SEPTEMBER 29, 2020
A unique opportunity for Chapter 11 restructuring of small businesses with up to $7.5 million) to take advantage of a new way to restructure under chapter 11 of the Bankruptcy Code. The increased debt limit, which became effective February 20, 2020, includes a one-year sunset. By Jerrold L. million to $7.5 million to $7.5
Collection Industry News
MARCH 7, 2022
Renters are more likely to work in the sorts of lower-wage occupations that have been most disrupted by the pandemic, like retail and hospitality, and less likely to have savings or other assets to help them weather hard times. Census Bureau’s 2020 American Community Survey and the U.S. After spiking at 21.4% Poverty rate: 9.5%.
Troutman Sanders
DECEMBER 12, 2023
Department of Housing and Urban Development (HUD) announced an extension of the public comment date for its Notice of Proposed Rulemaking that would remove criminal conviction restrictions for fair housing testers by nine days, to January 11, 2024. For more information, click here. billion in student loan debt relief for 80,300 borrowers.
Troutman Sanders
JANUARY 23, 2024
On January 18, the Federal Trade Commission (FTC) issued an order postponing the effective date of the Combatting Auto Retail Scams (CARS) Rule while a legal challenge against the rule is pending. For more information, click here. According to the FTC, the CARS Rule will save consumers more than $3.4 For more information, click here.
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