Monthly Archives: October 2013

October 2013

Consumer Delinquencies Increase Slightly

By Mike Sherman|2020-11-11T19:17:49+00:00October 29th, 2013|

According to the American Banker’s Association, during the second quarter of 2013, consumer delinquencies rose slightly. The composite ratio rose six basis points to 1.76 percent, but this is still 25 percent below the 15- year average of 2.36 percent. Bank card delinquencies remained about the same at 2.42 percent, which is 37 percent [...]

TSC’s New Collection System

By Mike Sherman|2020-11-11T19:17:00+00:00October 23rd, 2013|

We are pleased to let you know that we have completed the migration to our new collection software! The process was pretty seamless, but as with most system upgrades there were a few bumps in the road. We are proud of this technological advancement for our company. With an integrated dialer and sophisticated collection [...]