Risk & Compliance Persistent Debt – Moving from Prevention to Competing
My last two posts on persistent debt in the UK focused on compliance and prevention. Here’s a different angle: Can issuers actually compete in this area?
All posts by Stacey West
Risk & Compliance Persistent Debt – Moving from Compliance to Prevention
Following on from my previous post on persistent debt, here I’m tackling the topic of preventing customers from falling into persistent debt.
Risk & Compliance Complying with Persistent Debt Regulations — What’s Next?
While issuers have already started the actions prescribed by the FCA's persistent debt regulations, there is still a sizeable amount of work to complete and opportunities to be identified.
Risk & Compliance Is £90 Billion in Unused Exposure on UK Cards a Problem?
With over £40 billion of unused exposure on inactive UK cards and over £50 billion on active UK cards there is the potential for huge losses if consumers start to eat into these limits.
Risk & Compliance UK Cards Delinquencies Show Troubling Trends
Our analysis of UK cards data from the FICO Benchmarking Service has revealed some troubling trends in UK cards delinquencies. All average delinquent balances reached over two-year highs in the fourth quarter of 2018.
Collections & Recovery “Static Delinquency” Trends Show Opportunity for UK Issuers
Following on from evaluating the roll rate results, this blog looks at the static delinquency levels, accounts remaining at the same level of delinquency.
Collections & Recovery UK Card Delinquency Roll Rates Creep Higher
Balance roll rates — overdue balances on UK cards that go from one 30-day cycle to the next without repayment — moved slightly higher in 2018. Our analysis of data from 11 card issuers across the UK shows the areas that warrant attention from card issuers.
Risk & Compliance Managing Pre-Delinquency Under IFRS 9 & Persistent Debt
The introduction of IFRS 9 will mean focus is placed on pre-delinquency — treatment of accounts before they exceed limits or miss payments.
Risk & Compliance UK Cards Show Signs of Post-Christmas Debt Stress
UK cards on books 1-5 years are showing signs of debt stress - here are the facts, as well as recommendations for issuers.
Risk & Compliance 5 Tips for Avoiding Credit Card Debt Problems
Consumers who are concerned about their level of credit card debt can use a number of options and tactics to keep their credit healthy.