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By Bridgeforce: Just Another Recession? For Furnishers, This Time, It's Different
Credit furnishers aren't in for just another recession. This time around, we're facing the confluence of falling consumer disposable income, rising prices and interest rates, a rocky job market, and a regulatory agency that has proven itself ready and willing to act. The result? A perfect storm of events designed to strain the credit dispute management operations of even the most prepared lender.