Impending Credit Risk for Credit Card Issuers:
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Tag: Delinquency
Explore the latest news and insights on delinquency in payments and banking, focusing on trends, financial strategies, and solutions to manage and reduce delinquent accounts.
Personalizing and Improving Debt Recovery Using Open Source and Cloud Native Technology
Household debt is at a staggering $48 trillion globally with sharp growth in both Norway and China. Effective debt collection ...
How Community Banks Can Prepare for a Likely Increase in Delinquent Payments
Let’s face it: the pandemic has all but crippled the U.S. economy. Millions of citizens have been left jobless in ...
Credit Card Delinquency, Dementia, and Mental Health
Credit card borrowing is open to all. The Equal Credit Opportunity Act (ECOA) made fair lending the law of the ...
The Delinquencies Are Coming! The Delinquencies Are Coming! Here’s What Credit Unions Should Do about Them
The economy is in a precarious situation due to the pandemic. As COVID-19 continues to spread, some industries—including live events ...
PSCU Partners with Telrock to Offer Next-Generation Delinquency Management Software Platform
PSCU, the nation’s premier payments credit union service organization (CUSO), announced it has entered into an agreement with Telrock to ...
COVID Credit Cardholders: Skipping Payments Becomes the New Normal
Credit card delinquency is a growing concern for both consumers and financial institutions. When a credit card account is considered ...
Credit Cards and Installment Loans: Misery Might Like Company, But I Will Take a Plastic Any Day
Our December 2019 Viewpoint, titled “Credit Card Lenders: Hone Strategies and Do Not Let Fintechs Scare You,” discussed how credit ...
A Coronavirus Solution: Defer Household Debt as the World Gets Back on its Feet
The pandemic has taken a toll on many aspects of life, and one of the areas that has been hit ...
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