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How to Turn UK’s Consumer Duty Compliance to Your Advantage

With the clock ticking to the 31 July FCA deadline, a FICO roundtable looked at the scale of the Consumer Duty challenge

Consumers Prioritize Mortgage Payments Over Auto

What are the drivers behind this mortgage and auto loan payment hierarchy behavioral shift and is it likely to be a lasting trend?

FCA’s Consumer Duty Mandates Sharper Use of Technology

Managing UK customers to better outcomes under the FCA’s Consumer Duty will require a true platform for understanding and action

Medical Collection Removals Have Little Impact on FICO Scores

Based on FICO’s analysis, only 3% of FICO scorable consumers would be impacted by medical collection removals

Reduced Revolving Debt: A Key Driver of Improved FICO Scores During Pandemic

Paying down credit card balances, driven by reduced spending, increased savings and awareness, among other factors, helped many consumers show improvement in FICO® Scores.

How Credit Actions Impact FICO Scores

How much does missing a payment impact a FICO® Score?

FICO Research: Broader Mix of Consumers Obtaining New Mortgages

NCAP Medical Collection Removals Are Rare and Have No Material Impact to FICO Scores

NCAP Public Record Removals Have Little Impact to FICO Scores

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