Under the Hood: Collectors mindful of financial stressors could mitigate DQs
Rising debt is contributing to borrowers’ declining mental health
Consumers bogged down by mounting debt face increasing financial stress which, in turn, could trigger rising delinquency rates. . And while some lenders offer mental health programs for employees, perhaps they should place additional focus on the emotional well-being of their customers. Earlier this year, Regions Bank introduced a corporate health benefit that offers free […]
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