FREE PAMPHLET
Red Shoe IQ:
Skip-A-Pay Customer Statistics Report
Red Shoe IQ is Tyfone’s new initiative to bring clarity, context, and actionable insights to digital banking.
This ongoing series will include information on our customer metrics, current industry trends, emerging challenges, and shifting consumer behaviors.
Why Skip-A-Pay Matters To Your Account Holders
Skip-A-Pay is a powerful solution designed to help your account holders manage financial pressure by offering the flexibility to pause loan payments when they need it most.
By providing this relief during tight budgets, unexpected expenses, or seasonal challenges, Skip-A-Pay helps prevent missed payments and avoids delinquency.
This not only supports healthier credit but also strengthens the relationship between financial institutions and their account holders.
See Skip-A-Pay in Action Today
What This Customer Report Reveals
Inside this report you will find:
- Statistics on 30-day and 90-day debt delinquency across the U.S.
- Comparison of loan skips within our customers: FY23 vs FY24
- Yearly revenue from loan skip fees across our customers
- Loan skips by institution asset size and number of members
- …And more!
Discover Real-Life Skip-A-Pay Results
