Your Virtual Credit Manager

FEBRUARY 13, 2024

After, the Great Recession of 2008, commercial bankruptcies peaked in 2009 and did not drop below pre-recession levels until 2012. Clearly, the level of Business Credit Risk is going to remain elevated as we move through 2024, bringing with it the potential for corresponding increases in bad debt and delinquency.

Bankruptcy 130

Bankruptcy Credit and Collections Bad Debt Accounts Receivable (AR) 130

Abrigo

OCTOBER 21, 2020

The CMBS delinquency rate reached 10.31% earlier this year, and the peak ever was 10.34% in July 2012 so we reached almost the peak historically but have been slowly decreasing ever since. Credit Risk Management. Lending & Credit Risk. Lending & Credit Risk. Portfolio Risk & CECL.

CECL 125

CECL Credit Risk Default 125

Fundera

JUNE 15, 2018

Lenders and credit card issuers pull credit scores when they’re considering whether to approve a potential borrower or cardholder. Logically, lenders only want to work with the borrowers that pose the least amount of risk of defaulting on their loans. First: If you don’t already, start monitoring your credit score.

Credit Scoring 71

Credit Scoring Credit and Collections Credit Risk Default 71

Fundera

DECEMBER 12, 2018

Lenders and credit card issuers pull credit scores when they’re considering whether to approve a potential borrower or cardholder. Logically, lenders only want to work with the borrowers who pose the least amount of risk of defaulting on their debt. Very Good: 740-799. Good: 670-739. Fair: 580-669.

Credit Scoring 71

Credit Scoring Credit and Collections Credit Risk Default 71