Credit Corp

MAY 23, 2021

Sometimes, fraudsters make a lot of credit card and personal loan applications in a short period of time, so if you see a recent list of unknown inquiries, someone might be trying to steal your identity. Negative public records can substantially impact your creditworthiness. Warning Sign 6: Public Records You Don’t Recognize.

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Collection Industry News

APRIL 24, 2025

The bureau reports that, even though it leads to thousands of denied loan applications annually, medical debt is a poor predictor of a borrowers creditworthiness. According to the CFPB, the rule change: Removes exceptions that let lenders use information about medical debt to make determinations about someones creditworthiness.

Creditworthiness 40

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Fico Collections

MAY 19, 2023

Prosper also proactively mitigates credit risk and meets the increasing credit demand for creditworthy customers based on their monthly updated FICO® Scores. Managing Lending Risk with FICO Scores Throughout the almost twenty-year history of the Prosper personal loan platform, anticipating macro-economic downturns is a core principle.

Personal loans 52

Personal loans Startups Creditworthiness Education 52

Collection Industry News

JUNE 1, 2023

Governments and regulatory bodies continually strive to strike a balance between consumer protection and enabling efficient debt recovery. Analyzing vast amounts of data allows agencies to identify trends, assess debtor creditworthiness, and predict repayment probabilities.

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