The Journal of Lending & Credit Risk Management articles from September 1997

The Journal of Lending & Credit Risk Management archives from September 1997

Consumer Borrowers: Handle with Care
September 1, 1997... This year, the patron saint of the financial services industry died. Jimmy Stewart, as George Bailey, the savings and loan president in It's a Wonderful Life, has done more each Christmas than the combined lobbying efforts of the entire banking...

The Lender of First and Last Resort
September 1, 1997... The unprecedented deterioration in credit quality experienced by most consumer lenders in recent years will son abate. The longer-term forces that have resulted in today's credit problems are still in place, however, and threaten to result in more...

What's Special about Recent Credit Card Problems?
September 1, 1997... During 1995 and 1996, the credit card charge-off ratio at banks rose sharply, increasing almost a full percentage point in each year. This surprised some observers, since these years marked the fourth and fifth years of economic expansion in the...

Moving toward State-of-the-Art Consumer Risk Management
September 1, 1997... As the scope and reach of ban services expand, so does the risk menu. Consumer credit risk may seem lie just another side dish with fraud risk, rate risk, technology risk, derivatives risk, geographic/international risk, political risk,...

Analysis of Financial Company Ratios in 1996
September 1, 1997... This article presents data from First Chicago NBD Corp.'s sixty-first annual survey of finance company performance. In all, the findings have positive implications for the future. While a decline in consumer credit quality and a significant rise...

Designing Your Future
September 1, 1997... A leader in the technology field recommends unplugging from technology - which, for all its glamour, is still anchored in the present - for about an hour a week to focus on the future and the strategies it will take to compete and win. After that,...

Five Keys to Relying on Accounts Receivable as a Repayment Source
September 1, 1997... Commercial lenders often receive requests to fund receivables, whether through a secured loan or a purchase. Growing companies need and want help in alleviating the cashflow stress caused by carrying this critical asset. This article focuses on...

A Funny Thing Happened While Reading Your Credit Write-Up
September 1, 1997... Is there anything more fulfilling than spending a weekend reading credit write-ups? Perhaps, but unless each report is written with care, some funny things can happen. The bloopers in this article are for the reader's enjoyment but there is also a...

A Paean to the Z-Score and Its Commercial Bankruptcy Prediction
September 1, 1997... Questions about a commercial customer's potential for bankruptcy must be addressed through a means other than traditional financial analysis, which cannot clearly predict a company's insolvency. A company appearing financially fit may indeed be at...