PwC: by 2025 risk mgmt will be real-time and powered by #AI and #analytics. Key trends: integrated risk platforms, data-driven insights, proactive culture, customer-centricity, partnerships for resilience. Risk function will become a value driver. https://t.co/DlNxlpyHn3
Very important development in credit score calculation as ".. VantageScore Solutions LLC said that it would stop including medical bills that have been sent to collections in its credit scoring model."
#finance#money#economy#creditscore#fico
https://t.co/D5ndejr3gN
Our hope that "economists" are right and recession will not actually come as inflation itself is already a significant hit to a general population wallets.
#economy#inflation#recession#money#Finance#business
https://t.co/r4Tr5ycg7p
13 states have either implemented or in the process of implementing requirement for "..high school students to take at least one semester of a personal finance course before graduation." 37 more states to go.
https://t.co/21Brupi83T
#education#Financial#Finance#school#usa
Important development by major credit agencies that would influence 43 million #Americans: @Equifax, @TransUnion and @Experian_US will reduce impart of #medical debt by removing it from #credit reports.
https://t.co/LsvNpaVJPK
Results astound as @SubscriberWise technology can clearly predict customers that produce 9 times smaller write-off, 10 times less likely disconnected for non-pay, require 6 times less final notices and 13 times less collections
#communications#broadband#telecommunications
Consider buying a #house? It's always very important to take care of your #creditscore and especially to #work on it to reduce your #morgage rate and save thousands of dollars.
https://t.co/Y8v7xvwOle
Using this “discouraging” achievement, credit expert David Howe proved that credit score system has its flaws as @Experian_US provides not just one, but multiple factors that led to having credit score only one point below the absolute possible maximum #FICO score
US inflation: CPI now at 7% and core up at 5.5%. "It hasn't been this high since the days of Thatcher and Reagan."
#inflation#cpi
https://t.co/dHJelskK1F