The study also found that medical bankruptcies were associated with a large proportion of low-income households.Natural disastersThere is a definite correlation between natural disasters and a person’s likelihood of filing for bankruptcy. Since disasters tend to happen randomly, there’s no way to ...
While FICO Score 8 is the most common, mortgage lenders might use FICO Score 2, 4 or 5. Auto lenders often use one of the FICO Auto Scores. And credit card lenders can use the FICO Bankcard Scores. VantageScore is also growing in popularity. Between 2021 and 2022, the number of Vantag...
In the current economic environment, it is likely that customer bankruptcies will increase. If a customer seeks the protection of bankruptcy, insolvency or similar laws, such customer's lease may be terminated in the process and result in a reduction of cash flow to the company. In the event...