Fico Collections

APRIL 11, 2023

Home Blog FICO Are Student Loan Holders at Risk as Deferments Expire? Here we present results of our research into FICO® Score dynamics for holders of student loan debt between 2021 and 2022, to give an indication of key factors that seem to accompany large decreases in the FICO Scores of this population. at April 2022.

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Fico Collections

APRIL 19, 2022

Competitive Loan Pricing: How To Outprice (not Underprice) Rivals. Wed, 04/20/2022 - 01:21. Competitive loan pricing is a term that’s often overused to imply lower pricing than close competitors. Competitive Loan Pricing Is a Race – But Not to the Bottom. Matt Stanley. But it's not always strictly true.

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Fico Collections

JUNE 23, 2023

In October 2022 , the FHFA validated and approved FICO® Score 10 T for use by Fannie Mae and Freddie Mac, two government-sponsored enterprises that guarantee most of the mortgages in the US. mortgages, auto loans, credit cards, etc.) Here are the Top 10 Reasons to migrate to the new FICO® Score 10 T : 1.)

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Fico Collections

JANUARY 4, 2023

Wed, 01/04/2023 - 14:05. Though adoption of digital banking and e-commerce has grown substantially in the past three years, it isn't the case that all consumers prefer to use digital means, namely web portals or mobile apps, to apply for new accounts, cards, or loans. Accounts via Digital, Loans Not as Much. by Sarah Rutherford.

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Fico Collections

APRIL 19, 2023

However, since February 2022, this has been increasing in line with the cost-of-living crisis and the average is currently more than 60 percent higher for the Established group. When comparing the Established pool to the overall population during the pandemic, reduced spend opportunities and higher savings lowered the balance at risk.

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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. Here are extracts from those customer development posts.

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Fico Collections

APRIL 28, 2023

economy, the removal of medical collections data from consumer credit files, and the final outcome of the student loan forgiveness plan by the current administration. These include federal efforts to combat high inflation, a balanced housing market, the looming prospect of a recession in the U.S

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