article thumbnail

Get Ready for a Wave of Commercial Bankruptcies

Your Virtual Credit Manager

After, the Great Recession of 2008, commercial bankruptcies peaked in 2009 and did not drop below pre-recession levels until 2012. Clearly, the level of Business Credit Risk is going to remain elevated as we move through 2024, bringing with it the potential for corresponding increases in bad debt and delinquency.

article thumbnail

Configuring ADS to generate interactive PDF for Adobe Reader 9.x and higher

SAP Credit Management

The issue was linked to a mismatch of default ADS configuration and PDF print forms (XDP forms by Adobe). Finding a path to success ADS instance was configured with default (out-of-the-box) parameters. That is with default configuration of producing PDF version 1.65. PDF version Compatible Adobe Reader Release year 1.6

Default 144
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Addressing Portfolio Risk in Economic Uncertainty: Part 3 (2022)

FICO Blog

Leveraging FICO Resilience Index to refine credit risk management decisions during benign economic phases defends against dramatic swings in delinquency rates and provides for a more consistent portfolio risk management approach over time. Of course, credit risk management is only one aspect of portfolio health.

article thumbnail

13 Surprising Factors That Affect Your Credit Score (and Why Small Business Owners Should Care)

Fundera

When a credit bureau computes your credit score, their job is to produce a number that estimates—given your past and current financial history—how likely you are to default on future debts. There are five notable components of a personal credit score. There are five notable components of a personal credit score.

article thumbnail

Loan Stacking—What It Is, The Risks, and Better Alternatives

Fundera

Since the 2008 recession, banks have cut down on lending to small business owners. And loan stacking is bad for lenders, too, who might lose out to other creditors if the borrower defaults. And if the borrower defaults, the presence of multiple creditors can make it difficult for each lender to get their money back. An example?

Default 77
article thumbnail

Top 5 Debt Collection Posts of 2022: Crisis and Opportunity

FICO Blog

Top 5 Debt Collection Posts of 2022: Crisis and Opportunity. As more people enter the collections queue due to rising costs and economic wobbles, our collections experts share their tips for early collections, digital approaches and more. Here are the top five posts from 2022 on debt collection trends. FICO Admin.

article thumbnail

The Ultimate Guide to Managing Small Business Finances

Fundera

Get a handle on your personal and business credit scores. We’ll break down need-to-know accounting terms, how to handle your credit scores, how to apply for a business loan, and more—so that you’ll have all the information you need to manage your small business finances. Get a Business Credit Card.