Items Tagged with 'delinquency'

ARTICLES

Survey: Young Credit Card Users are Better Credit Risks

Middle-aged consumers are more likely to have a serious delinquency than 19-year-olds.
December 7, 2013
Those who obtain credit cards early in life tend to be better credit risks in the long-term.
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Part II

Embrace Real-Time Data, Multiple Channels for Lending Success

CUs have more information than most businesses, but they often fail to capitalize on it.
January 14, 2013
Most loan applications are antiquated and burdensome, mobile expert says.
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Expect a Slow Decline in Mortgage Delinquencies

'We would have hoped for a projection that called for a more substantive drop in delinquencies.'
December 14, 2012
Forecast also says credit card delinquency rates will remain relatively low throughout next year.
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Auto Loan Delinquencies On the Rise

The increase, however, is only seasonal and the rate remains very low, experts say.
December 5, 2012
Seasonal factors that affect the auto loan delinquency rate include back to school needs and holiday purchases.
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Mortgage Modifications Improve Loan Performance

Consumers with mortgage modifications outperform those without on new loans.
October 5, 2012
Consumers who default only on their mortgages are better risks than those with multiple delinquencies.
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 CU Financials Show Improvement

Mortgage balances are growing and delinquency ratios are dropping.
September 1, 2012
In the first half of 2012 credit unions reported improving financial results.
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Mortgage Delinquency Picture Improves

Expect mortgage delinquency rates to mimic the economy with continued slow improvement.
August 9, 2012
Nationwide mortgage delinquency rate dropped nearly 9% during the first half of 2012.
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Credit Card Users Making Timelier Payments

Delinquency and average debt per borrower decline during the first quarter.
May 25, 2012
A new report suggests the credit card marketplace continues to recover from the problems it faced during the Great Recession.
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Auto Loan Delinquencies Hit All-Time Low

Delinquency rates fell to 0.36% during first-quarter 2012.
May 24, 2012
Improvement attributed to growing demand for both new and used vehicles, and higher used vehicle values.
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Mortgage Delinquencies Edge Up During Fourth Quarter

But as the economy improves, delinquency rates should drift down.
February 15, 2012
While mortgage delinquencies have dropped more than 6% since fourth quarter 2010, it will take a long time for them to return to normal.
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Great article! Unfortunately, most employees don’t feel valued or appreciated by their supervisors or employers. In fact, research has shown that the predominant reason team members quit their jobs is because they don’t feel valued. This is in spite of the fact that employee recognition programs have proliferated in the workplace – over 90% of all organizations in the U.S. has some form of employee recognition activities in place. But most employee recognition programs are viewed with skepticism and cynicism – because they aren’t viewed as being genuine in their communication of appreciation. Getting the “employee of the month” award, receiving a certificate of recognition, or a “Way to go, team!” email just don’t get the job done. How do you communicate authentic appreciation? We have found people have different ways that they want to be shown appreciation, and if you don’t communicate in the language of appreciation important to them, you essentially “miss the mark”. Additionally, employees need to receive recognition more than once a year at their performance review. Otherwise, they view the praise as “going through the motions”. A third component of authentic appreciation is that the communication has to be about them personally – not the department, not their group, but something they did. Finally, they have to believe that you mean what you say. How you treat them has to match the words you use. If you are not sure how your team members want to be shown appreciation, the Motivating By Appreciation Inventory (www.appreciationatwork.com/assess) will identify the language of appreciation and specific actions preferred by each employee. You then can create a group profile for your team, so everyone knows how to encourage one another. Remember, employees want to know that they are valued for what they contribute to the success of the organization. And communicating authentic appreciation in the ways they desire it can make the difference between keeping your quality team members or having a negative work environment that everyone wants to leave. Paul White, Ph.D., is the co-author of The 5 Languages of Appreciation in the Workplace with Dr. Gary Chapman.

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