News & Insights
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How To Account for Growing Student Loan Delinquencies
In the current high-risk economy, where student loans constitute a significant portion of many individuals' debt, lenders increasingly recognize the need for a more nuanced approach to customer relations and debt management.
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How Lenders Can Combat Growing Delinquency Rates
Borrowers are defaulting on car loans at the highest rate in 27 years There are several reasons for the unprecedented growth in delinquencies. Below, we cover three primary issues causing financial stress on consumers in the current economic environment.
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How to Defend Against First-Party Fraud
Over the past 20 years or so, first-party fraud has intensified in scale and scope.
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New Technology is Changing the Game for Debt Collectors
Debt collection tactics are becoming more high tech - some even have the ability to remotely repossess items bought on credit. These resources help professionals contact debtors and better communicate with them to get back the money owed. The
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Developing a Loss Prevention Strategy That Works
Loss prevention, also known as asset protection or shrinkage, refers to a set of strategies put in place by businesses and organizations to minimize various forms of loss. These losses can occur due to theft, fraud, accidents, errors, or other unforeseen events and can significantly impact a company's financial health, reputation, and overall operations. Keep reading....
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