Collection Industry News

JULY 4, 2022

trillion, increased by $11 billion. High-end retailer RH told investors Thursday (June 30) it expects consumer demand will continue to weaken through the end of the year. The post Auto Lenders Brace For Higher Interest Rates, Recession appeared first on Collection Industry News. But some trends seem inexorable.

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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. Highlights Average total sales per card down 8 percent compared to December 2022 at £755 Percentage of credit card accounts with two missed payments 13.6

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Collection Industry News

OCTOBER 21, 2022

Sinead Cruise, October 21, 2022. LONDON, Oct 21 (Reuters) – Owners of Britain’s largest malls, skyscrapers and industrial hubs face hikes in borrowing costs and a recession that could depress prices by up to a fifth, forcing lenders and investors to reassess their appetite for commercial property. respectively. HSBC (HSBA.L)

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Troutman Sanders

JANUARY 17, 2023

The case marks the first time that the FTC has collected civil penalties against a company that received the “notice of penalty offenses” for money-making opportunities sent in October 2022 and the first civil penalties for violations of the Restore Online Shoppers’ Confidence Act. billion in 2022. For more information, click here.

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Troutman Sanders

MARCH 11, 2024

between 2021 and 2022. On March 4, the Small Business Administration (SBA) announced the next generation of the SBA’s Lender Match tool for small businesses to connect to capital through SBA’s network of approved banks and private lenders. For more information, click here. For more information, click here. On March 1, the U.S.

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Fico Collections

FEBRUARY 12, 2023

Home Blog FICO Top 5 Customer Development Posts of 2022: Digital Banking and Pricing Opti The most popular posts in our Customer Development category dealt with digital banking, optimizing credit line increases, loan pricing and machine learning for credit risk models. But it's not always strictly true.

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Troutman Sanders

NOVEMBER 21, 2022

According to the CFPB, greater visibility into market trends would allow lenders and investors to spot emerging opportunities, improve risk management practices, and ultimately expand access to credit and refinancing. On February 25, 2022, the U.S. On November 11, the U.S. billion from investors.

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