Money Management The Power of Credit Migration: Distinguishing Between Bad Loans and Misunderstood Opportunities In credit risk, we’ve been trained to trust the score. It’s clean, simple and easy to compare. But it’s also incomplete. Ask yourself, is this B score a declining A or a rising D? A credit score is just a snapshot. It tells you where someone is
Innovation & Technology Default Risk Has Changed, Credit Union Processes Haven’t Kept Up…Now What? For years, managing default risk in a credit union followed a fairly consistent pattern. Monitor delinquency, work accounts as they age and focus collections efforts on loans that are already past due. That approach made sense when risk behaved predictably and when most members followed similar financial patterns. That’s
