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US Bankcards Industry Benchmarking Trends: 2023 Q1 Update

Fico Collections

Census Bureau reports advanced estimates that retail sales were down 1.2% Compared to Q4 2021, the average interest rate on general purpose credit cards has increased nearly 800 basis points (Source: Federal Reserve G.19 Credit card lenders are not only dealing with higher loss forecasts in 2023. year-over-year, respectively).

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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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Top 5 Surprises from FICO’s Fraud and Digital Banking Survey

Fico Collections

Mon, 12/05/2022 - 15:10. A report released by the FTC in February 2022 indicates a 71% increase in fraud in 2021, which cost consumers roughly $5.8 A report released by the FTC in February 2022 indicates a 71% increase in fraud in 2021, which cost consumers roughly $5.8 Tue, 07/02/2019 - 02:45. by Sarah Rutherford.

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