Qualco

MAY 9, 2025

Initially focused on the financial sector, we quickly developed deep expertise in non-performing loans (NPL) and Collections & Recoveries, delivering tools to address credit challenges. QCR's Omnichannel Collections module lets you connect with customers on their preferred channels, boost engagement, and accelerate repayments.

Loans 52

Loans Financial Institution Retail Banks 52

UK debt collections

MARCH 29, 2023

Liquidators have listed 61 creditors owed a combined total of £1.14m after luxury car retailer Autovogue slipped into liquidation this month. A statement posted via the Autovogue website at the time apologised to customers and listed a number of reasons for the business’s failure.

Retail 59

Retail Trade Manufacturing Creditors 59

True Accord

JULY 1, 2021

In a recent report by the Aite Group , TrueAccord was featured in the inaugural edition of the “Retail Banking & Payments Fintech Spotlight” , which highlighted disruptive fintechs with a strong focus on technologies that improve the customer experience. The key differentiator making TrueAccord an innovative fintech disruptor?

Financial Institution 98

Financial Institution Retail Collection Agent Banks 98

Fico Collections

NOVEMBER 25, 2020

Can you use loan pricing to achieve your portfolio goals in these difficult times? Petr Kapoun, chief risk officer at Home Credit Russia, part of the Home Credit Group, describes how the lender used loan pricing optimization software from FICO to optimize loan pricing. In his previous position, he led retail risk management at

Loans 52

Loans Retail Lender Financial services 52

Fico Collections

NOVEMBER 30, 2022

Profitability and Customer Financial Health in Retail Banking. In my recent Forbes article , I explored a vision for the future of retail banking where the customer’s complete financial wellness is at the center of decision making. Here’s how to strike a balance that delivers long-term benefits for customers' financial health.

Retail 52

Retail Banks Loans Financial services 52

Collection Industry News

FEBRUARY 25, 2022

Annual fees will be frozen at £9,250 for another two years and student loan interest rates are being cut to match the retail price index (RPI). The post Student loans will now take 40 years to repay appeared first on Collection Industry News.

Student Loans 52

Student Loans Student loans Loans Retail 52

Fico Collections

SEPTEMBER 3, 2020

We are thrilled and honored to be recognized by Aite Group as best in class and the overall rankings leader for our Loan Origination Solution. FICO’s Loan Origination Solution was also recognized as a category leader in: Client Strength. FICO Origination — A Loan Origination Solution You'll Never Outgrow. Client Service.

Loans 52

Loans Lender Retail Financial Institution 52

Credit Corp

JULY 25, 2023

Can you pay a loan with a credit card? Yes, paying a loan with a credit card is sometimes possible. Yet, whether or not you can do so depends on factors such as the lender’s policies or the type of loan you want to pay off. Good credit is important because it tells lenders you’re not a risk and that you pay loans on time.

Loans 96

Loans Student loans Student Loans Retail 96

True Accord

AUGUST 24, 2022

As consumers show preference for digital financial services, BNPL continues to grow and become available at more retailers. . Since it’s quite easy to sign up for one or more BNPL loans, the likelihood of losing track of payments or overspending is real, especially for Gen Z. Why are BNPLs Popular with Gen Z?

Credit Card Debt 98

Credit Card Debt Retail Debt Recovery Collections 98

Qualco

OCTOBER 25, 2023

Artificial Intelligence and Machine Learning automate credit scoring, making loan approvals swifter and more accurate. This shift also reshapes the realms of credit and collections as a collaborative model, revolutionising how financial data is used. By Guy Statter , Country Manager, UK & Ireland at QUALCO.

Credit Management 98

Credit Management Debt Recovery Retail Banks 98

Direct Recovery

AUGUST 1, 2024

The debt collection process is a necessary evil for anyone who extends credit to clients, customers, or other businesses. When things get difficult and payments are missed, debt collectors are the ones that get tasked with tracking and collecting what is owed as efficiently as possible.

Collections 59

Collections Debtor Fair Debt Collection Judgment 59

Collection Industry News

DECEMBER 5, 2024

Despite Fed Cuts, Many Store Credit Cards Are Still Charging Customers Extreme Interest Rates Many credit cards offered by major retailers continue to charge exorbitant annual percentage rates, despite moves by the Federal Reserve to lower interest rates in the economy. The remaining 42% picked BNPL loans.

Retail 40

Retail Banks Government Loans 40

UK debt collections

AUGUST 16, 2022

Adding further pressure to many companies is the repayment of the Government-backed Covid support loans granted to help them survive the pandemic. General Retailers. Food & Drug Retailers. Sectors most exposed to discretionary consumer spending – bars and restaurants and general retailers – are feeling the pain most.

Manufacturing 100

Manufacturing Retail Government Construction 100

Credit Corp

JUNE 30, 2021

This is a retail-focused, blue chip REIT that owns more than 6,500 properties. It owns retail properties that are not part of a wider retail development (such as a mall), but instead are standalone properties. On a positive note, rent collection improved meaningfully to 98% of total billings for office, 85.0%

Retail 94

Retail Loans Trade Acquisition 94

Fico Collections

MARCH 30, 2022

itelna, the Czech Republic’s oldest and largest bank, has modernized its operations by optimizing its decisions around customers in early collections. The use of FICO prescriptive analytics, in this case, debt collection optimization, has improved customer satisfaction and reduced agent call minutes by 25 percent. “As

Collections 52

Collections Housing Retail Retail Banks 52

True Accord

JULY 13, 2023

The ending of various pandemic-era benefits including the pause on student loan payments will impact consumers in the coming months. Read on for our take on what’s impacting consumer finances and our industry, how consumers are reacting, and what else you should be considering as it relates to debt collection in 2023. NPAS, Inc.,

Financial Institution 96

Financial Institution Student Loans Student loans Loans 96

True Accord

JULY 9, 2024

And businesses are responding accordingly to the lower demand – several top musical acts from Jennifer Lopez to the Black Keys have canceled summer tours due to low ticket sales while retailers like Walmart and Target are lowering prices on certain goods to appeal to budget-strained shoppers. What Does This Mean for Debt Collection?

Student loans 111

Student loans Student Loans Banks Lender 111

Fico Collections

APRIL 28, 2022

According to the research from Cornerstone Advisors , these point-of-sale short-term installment loans with low credit amounts have been increasing in popularity during recent years for retail purchases like clothing, household goods, electronics, and more.

Loans 98

Loans Consumer Credit Credit Bureau Student loans 98

Credit Corp

NOVEMBER 16, 2021

No mailings or labor to find good deals on properties, no tenant screening or rent collection hassles, just buy shares and sit back. Crowdfunded Investment Property Loans. Hard money lenders issue short-term loans to investors who fix and flip properties, or refinance them after renovating them (the BRRRR method ).

Retail 75

Retail Loans Lender Trade 75

Fico Collections

FEBRUARY 16, 2021

But more tellingly, the penalty related to the mistreatment of business and personal customers who fell behind on credit card and loan payments between 2014 and 2018 – well before many of us had even heard of COVID-19. It marks the highest fine ever issued to a lender for what it deemed a breach of consumer credit rules.

Lender 52

Lender Collections Loans Acquisition 52

Fico Collections

DECEMBER 13, 2022

Digital Collections: 7 Things That Can Make You More Successful. Digital collections isn't a new concept, but it has taken on additional relevance in the current economic environment. This story of digital collections starts with Steve Jobs. This story of digital collections starts with Steve Jobs. FICO Admin.

Collections 52

Collections Retail Banks Loans 52

Better Credit Blog

FEBRUARY 24, 2021

Whether you came across First National Collection Bureau while checking your credit or received a phone call or letter from the agency, you need to respond quickly. As long as a collections account is on your report, it hurts your credit, not to mention adding stress to your daily life. What Is First National Collection Bureau?

Collections 56

Collections Collection Agencies Collections Agency Third-party Debt Collectors 56

Fico Collections

AUGUST 29, 2022

As the independent standard in credit scoring, FICO® Scores are the leading credit scores used extensively across the lending ecosystem ranging from originations, underwriting and account management to collections and asset-backed securitization.

Credit Bureau 98

Credit Bureau Government Lender Loans 98

Better Credit Blog

SEPTEMBER 23, 2020

Are you concerned about a collections entry on your credit report? When debt reaches collections, it can hurt your credit score and leave you on the receiving end of seemingly nonstop phone calls and letters. If the name on your credit report and voicemails is Allied Collection Service, we can help. Retail debt.

Collections 52

Collections Debt collector Third-party Debt Collectors Fair Debt Collection 52

Troutman Sanders

OCTOBER 25, 2023

On October 24, the Federal Reserve Board (Fed), the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) (collectively, the agencies) finally issued their long-awaited final rule modernizing how they assess lenders’ compliance under the Community Reinvestment Act (CRA).

Banks 52

Banks Lender Credit Unions Credit Unions 52

UK debt collections

JULY 5, 2022

Grigorijs Hacaturjancs, 34, originally from Latvia, has been disqualified as a director for 10 years after fraudulently claiming a £50,000 Bounce Back Loan. Grigorijs Hacaturjancs was director of Beauty & Melody Shop Ltd which was incorporated in 2015 and operated as an online retailer for hair and beauty products.

Retail 59

Retail Loans Trade Banks 59

FFGN COLLECT NY

JUNE 30, 2021

Today, you have six years to collect monies owed from consumer credit transactions. However, a bill approved by the New York Senate seeks to shorten the time to collect consumer credit transactions to three years. In a continuing effort to avoid deceptive collection practices and inequities, the Senate approved Bill S153.

Consumer Credit 40

Consumer Credit Collections Credit Unions Credit Unions 40

UK debt collections

JUNE 26, 2023

Insolvencies in the UK were low during the pandemic because of an £80 billion business loan programme and a temporary bar on court-ordered liquidations. Construction and retail are the hardest hit sectors PwC said construction and retail were the hardest-hit sectors, and the number of food manufacturers in trouble was also increasing.

Construction 59

Construction Retail Manufacturing Trade 59

FFGN COLLECT NY

JULY 20, 2021

153/Thomas) into law, many creditors will need to provide significant documentation in order to file a debt collection action against their non-paying consumers. The proposed law, which the Senate approved in May, shortens the time to collect consumer credit transactions from six years down to three. We have the experience that pays.

Creditors 40

Creditors Collections Original Creditor Credit Unions 40

Fico Collections

NOVEMBER 20, 2020

FICO is providing credit line optimization to manage the growing consumer credit card portfolio for one of the biggest Turkish retail banks, Akbank.

Retail 52

Retail Consumer Credit Banks Loans 52

Fico Collections

APRIL 27, 2021

Loans That Improve Lives. Grupo Monge, one of the largest multinational retail companies in Central America, has used analytic decisioning to improve the way it evaluates and grants credit to its customers, especially those previously excluded from being able to access loans. Creating a Credit Decisions Brain.

Retail 52

Retail Loans 52

Collection Industry News

MARCH 30, 2025

The Business Research Company’s Debt Collection Agencies Global Market Report 2025 Market Size, Trends, And Global Forecast 2025-2034 LONDON, GREATER LONDON, UNITED KINGDOM, March 31, 2025 /EINPresswire.com/ — Get 20% off on Global Market Reports until March 31st! Use code FY25SAVE at checkout. It will grow from $29.35

Collection Agencies 40

Collection Agencies Collections Agency Collections Financial Institution 40

Better Credit Blog

FEBRUARY 24, 2021

Whether you came across First National Collection Bureau while checking your credit or received a phone call or letter from the agency, you need to respond quickly. As long as a collections account is on your report, it hurts your credit, not to mention adding stress to your daily life. What Is First National Collection Bureau?

Collections 52

Collections Collection Agencies Collections Agency Third-party Debt Collectors 52

Better Credit Blog

JANUARY 21, 2021

General Electric Capital Retail Bank, abbreviated as GECRB, is the former name for Synchrony Bank, and it’s probably on your report because you applied for a Synchrony card at some point in the past. It offers a range of products, like MMAs, IRAs, CDs, loans, and credit cards. Pre-qualify for a loan offer. Ashley Furniture.

Retail 52

Retail Banks Loans Repossession 52

Better Credit Blog

DECEMBER 31, 2020

While VCTRSSEC might sound unfamiliar, it represents a popular retailer: Victoria’s Secret. Comenity Bank is a premier producer of retail credit cards, partnering with 145 popular brands to offer credit cards to consumers. Debt in collections. Stay up-to-date on credit card/loan payments. Late payment history. Bankruptcy.

Banks 89

Banks Retail Lender Repossession 89

Better Credit Blog

NOVEMBER 17, 2020

It can show up on your report as a hard inquiry when you apply for a credit card or a loan from a popular bank. Along with providing savings and CD accounts, Barclays offers personal loans by invitation in partnership with other companies. Any time you apply for a credit card or a loan, you can expect a hard credit check.

Personal loans 75

Personal loans Loans Banks Foreclosure 75

Troutman Sanders

SEPTEMBER 16, 2022

A form of credit that allows a consumer to split a retail transaction into smaller, interest-free installments and repay over time, the typical BNPL structure divides a $50 to $1,000 purchase into four equal installments. Credit performance is deteriorating on BNPL loans. In 2020, 2.9%

Lender 52

Lender Retail Loans Financial services 52