Your Virtual Credit Manager

FEBRUARY 13, 2024

After, the Great Recession of 2008, commercial bankruptcies peaked in 2009 and did not drop below pre-recession levels until 2012. Department of Justice projects a substantial increase in bankruptcy filings. Trustee Program has estimated that bankruptcy filings will double over the next three years.

Bankruptcy 130

Bankruptcy Credit and Collections Bad Debt Accounts Receivable (AR) 130

RMAi Blog

APRIL 4, 2023

When I founded EverChain in 2012, the debt sale and placement marketplace for default debt portfolios was inefficient and flawed,” Matthew Wratten, Chairman and CEO of EverChain said. Over the last decade, we’ve rapidly introduced truly market-changing products and services.

Bankruptcy 100

Bankruptcy Credit and Collections Default 100

Fundera

JUNE 15, 2018

Logically, lenders only want to work with the borrowers that pose the least amount of risk of defaulting on their loans. Public record information, like judgments, collections, and bankruptcies. Top Tips: Pay all your bills on time, every time—and avoid defaulting like the plague!

Credit Scoring 71

Credit Scoring Credit and Collections Credit Risk Default 71

Fundera

DECEMBER 12, 2018

Logically, lenders only want to work with the borrowers who pose the least amount of risk of defaulting on their debt. Public record information, like judgments , collections, and bankruptcies. Top tips: Pay all your bills on time, every time—and avoid defaulting like the plague!

Credit Scoring 71

Credit Scoring Credit and Collections Credit Risk Default 71

Fundera

JUNE 22, 2016

Alternative lending is a fast-growing industry: approximately $3 billion in 2013 was lent through alternative channels, which was double that of 2012. If you default on your “loan” with a pawnbroker, your credit score won’t report it—but technically, this is a form of alternative lending.

Credit Scoring 76

Credit Scoring Small Businesses Default Transactions 76