Abrigo

DECEMBER 29, 2023

Abrigo's most popular whitepapers and checklists on lending and credit risk Abrigo experts' insights on CFPB 1071, loan policies, and risk ratings were popular with banking professionals. You might also like this webinar, "Unraveling risk rating: Making sense of your best early warning tool." Here are the top resources.

Credit Risk 88

Credit Risk Credit Unions Credit and Collections Small Businesses 88

Abrigo

AUGUST 28, 2022

Develop a credit risk rating system. Having an internally developed risk rating system is common. Credit risk rating. For banks and credit unions, a popular tool to monitor credit risk is a standardized risk rating system, which can serve several purposes. Start with the basics.

Credit Risk 78

Credit Risk Credit Unions Bankruptcy 78

Abrigo

MARCH 13, 2024

How to respond to CRE loan distress Use these tips for banks and credit unions to identify and handle commercial real estate loans that are showing signs of being problem CRE credits. Would you like other articles like this in your inbox? Is the above scenario another pandemic akin to our recent COVID experience?

Credit Unions 88

Credit Unions CECL Default Credit Risk 88

CreditStrong for Business

OCTOBER 24, 2024

Many local banks, credit unions, online institutions, and other lenders offer personal loans. In many cases, lenders will view those with minimal income as a credit risk and require forms of collateral and/or impose high-interest rates, fees, and other requirements.

Bankruptcy 52

Bankruptcy Credit Scoring Credit and Collections Credit Unions 52

Abrigo

OCTOBER 5, 2015

For banks and credit unions, a popular tool to monitor credit risk is a standardized risk rating system, which can serve several purposes. These systems often determine credit approval processes, covenants placed on the borrower and how loans should be priced.

Credit Risk 60

Credit Risk Credit Unions Bankruptcy 60

Abrigo

JANUARY 29, 2020

The stress on profitability led to a significant number of farm exits (47.7%) and higher levels of Chapter 12 bankruptcy filings (24.7%), the chapter of the U.S. bankruptcy code specifically designed to protect farmers and fishers. Credit Risk. Lending & Credit Risk. Risk Ratings. Credit Risk.

Credit Unions 78

Credit Unions Credit Risk Bankruptcy 78

CreditStrong for Business

AUGUST 2, 2024

Lenders perceive consumers with high credit utilization ratios as potential credit risks, as they may be “overextended.” According to Experian, credit utilization ratios of less than 30% are typically considered as good. Other documentation: Evidence of bankruptcy filings, canceled checks, and others.

Credit Scoring 52

Credit Scoring Bankruptcy Credit and Collections Third Party Collections 52