Lenders must offer ongoing support to help borrowers manage loans and changing circumstancesMany borrowers assume that customer support services offered by banks and lenders...
Margin erosion shows up in cash about 60 to 90 days after it starts. That lag is the whole problem. A fee band changes in February, ad spend creeps up in March, a supplier adds a surcharge in April, and the bank balance looks fine until June because you are still spending...