Collections & Credit Risk articles

Recent articles from Collections & Credit Risk

Looking Up In A Down Year; Reports of economic life signs are raising hopes that a recovery may come later this year. If that happens, collection agencies can expect liquidation rates to show marked gains by early 2010.(Cover Story)
July 1, 2009... Byline: Darren Waggoner The nation remains mired in a deep recession at midyear but many consumers, entrepreneurs and collection industry insiders are daring to dream amid scattered reports that economic conditions, while still deteriorating, are doing so at a slower pace. For now,...

Risk Redefined; In good times, companies managing loans had only the basics to consider. Minimal credit checks offered a good or bad risk reading. Now what?(Risk Management)
July 1, 2009... Byline: Dan Meder In an economic downturn, the way companies approach collections needs to be smarter and more sophisticated to yield a positive return. For savvy collection managers, it starts with understanding customers and identifying those who may be slipping into trouble. ...

STATS.(News)
July 1, 2009... Auto Loans The national 60-day auto delinquency rate dropped slightly between the fourth quarter of last year and the first quarter of 2009, 0.83% from 0.86%. "The drop in the first quarter 60-day auto delinquency rate reflects more seasonal patterns rather than a reversal of the...

Q. With the financial system reeling amid calls for more laws, consumer protection likely will be at the forefront of any new legislation dealing with credit and collections. Do you expect more legislation in the coming months?(Letters)
July 1, 2009... So Much attention is paid to unscrupulous activities several organizations have engaged in, which many say caused the financial crisis that we are now facing. Up against that, government is scorned because they are bailing out the same organizations that were responsible for many of our...

Advanta Plan Rattles Card Paper Market.(News & Analysis)
July 1, 2009... Advanta Corp.'s recent decision to stop lending to account holders and let its securitization-funding vehicle unwind may shake the market for credit card-backed securities just as it started to rebound. The move, announced in mid-May, highlights a breakdown in the small-business credit...