Monday, November 11, 2024

BANKING

Several lenders said that they now prefer offering loans to customers with credit scores of more than 750 from a cap of 720 seen prior to the onset of stress. Banks are also keeping a very close watch on days past due (DPD), where collection machinery gets triggered at day zero DPD.

from Banking/Finance-Industry-Economic Times https://ift.tt/vD8YHrF
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