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Top 5 Debt Collection Posts of 2022: Crisis and Opportunity

FICO Blog

Top 5 Debt Collection Posts of 2022: Crisis and Opportunity. As more people enter the collections queue due to rising costs and economic wobbles, our collections experts share their tips for early collections, digital approaches and more. Here are the top five posts from 2022 on debt collection trends.

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Working With The V-word In Debt Collection

JSP Credit Management

Then came the Prudential Regulation Authority and the Financial Conduct Authority.

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A guest blog from Curtis Fort from the Construction Credit and Finance Group.

JSP Credit Management

As a leader in business to business debt collection services, we’ve been asked to share our insights into the size and scope of the b2b debt collection industry. After the 2008 recession, businesses began to rely less on traditional credit lines and more on factoring and accounts receivables. billion by 2022.

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How a well-defined scope leads to maximum value for factoring solutions

aptic

Capway relies on the Aptic platform for invoice purchasing, contract financing, and debt collection Capway is a Swedish financial technology startup that provides access to finance and help companies grow through invoice purchasing, contract financing, and debt collection, among other things. In 2008 he founded Capway. “An

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Pre-Delinquency Measures for Financially Vulnerable Customers

FICO Blog

But among the critical learnings from the 2008 global financial crisis was the importance of flagging and helping at-risk and pre-delinquent borrowers as soon as possible to prevent financial disaster — especially when their deteriorating financial position was being influenced and undermined by a mix of external factors.

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UK Card Spend Reaches Highest Level Since at Least 2006

FICO Blog

Those with the ability to incorporate digital-first communications will be in a much stronger position to deploy effective debt collections strategies. These card performance figures are part of the data shared with subscribers of the FICO® Benchmark Reporting Service.

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UK Cards Data: Increase in Cardholders Missing Two Payments

FICO Blog

Liz joined FICO in 2006 and works closely with financial services clients in the UK, Ireland, the European Union, the Middle East and India in supporting their customer management and collections disciplines.