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Average U.S. FICO® Score Stays Steady at 716, as Missed Payments and Consumer Debt Rises

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Tue, 08/30/2022 - 12:00. For example, consumers with FICO® Scores between 550 and 599 saw a score increase of up to 20 points from April 2020 to April 2021. This is up by a little over 1% compared to April 2021. As shown in figure 3, recent missed payments are up most notably on bankcards , followed by auto loans.

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US Bankcard Industry Benchmarking Trends: 2022 Q2 Update

Fico Collections

Tue, 08/16/2022 - 15:30. The key is how these macrolevel measures impact individuals’ finances – all consumers are paying higher prices at the grocery store and gas station, but not all cash strapped consumers are shopping for loans or carrying large amounts of debt. US Bankcard Industry Benchmarking Trends: 2022 Q2 Update.

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Credit Card Limit Optimization: Akbank Wins with FICO Analytics

Fico Collections

Leading Turkish retail bank wins FICO ® Decisions Award for AI, machine learning & optimization using FICO decision optimization technology for credit limits. Wed, 09/08/2021 - 16:52. Read about Home Credit and its successful loan pricing optimization project. Loan Pricing Optimization: Secrets of Success. ?eská

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