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Under the Hood: Creating rewards programs to mitigate delinquencies

Customer loyalty programs could spell rewards for lenders as well

Marcie Belles

With the cost of living on the rise, consumers are increasingly strapped for cash, pitting auto financiers against mortgage providers, student lenders and others to be first in line for payment before monthly funds run out and delinquency sets in.   Total household debt increased 0.6% in the second quarter, to $17.8 trillion, according to the […]

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