Online lenders upping qualification standards in response to default wave
Jun 19, 2018 Walt Wojciechowski
The swift speed at which online lenders approve loan requests, in part, has led to an uptick in borrowers defaulting, forcing lenders to ratchet up their qualification standards.
Many millennials lack a credit track record
Jun 18, 2018 Walt Wojciechowski
Determining creditworthiness is a difficult task for many businesses whose customers are millennials.
Webinar: The Moneyball-ization of Collections
May 30, 2018 MicroBilt News
Collections is becoming more and more data-driven. The most effective collection agencies are mining their own databases and using outside sources to improve right-party contact rates and collection efforts.
Webinar: Incorporating Alternative Data Into The Collections Process
Apr 23, 2018 MicroBilt News
Agencies have access to tremendous amounts of data – call recordings, speech analytics, letter response rates, etc. – but are they truly harnessing that data, and other data that is available, to help them?
Why higher cellphone bills may not be so bad
Apr 10, 2018 Walt Wojciechowski
Higher cellphone bills could be in the offing this year, but based on a variety of recent developments, more costly wireless services may not be so bad.