In the world of credit risk management, understanding the performance of different portfolio segments is vital. It’s not just about knowing the current state of accounts but also about predicting future behavior and managing risks accordingly. This is where...
What is Midrange? When navigating the debt collection landscape, you may come across the term Midrange. If you’re wondering what it’s about, we’re here to shed some light. Simply put, Midrange refers to a specific stage in collections that handles...
What is Frontend? Don’t confuse Frontend in debt collections with coding or web design. In the world of debt management, Frontend refers to the critical first step in the collection process. It’s when a dedicated team of agents springs into action,...
If you’re in the business of lending, you know that an effective debt collection team is your ace in the hole. Crafting credit policies is not an exact science and there will always be accounts that fall through the cracks. When they become delinquent, a good...
How to Compute Lagged Delinquency Lagged delinquency is the gold standard in measuring delinquency in credit cards as it uses a method called vintage analysis. In case you don’t know, vintage analysis takes into account the period or month in which the...
