Rather than blindly sending messages to countless prospects – and hoping for a 2% response rate (at best) — messages can now be targeted to (and customized for) each individual candidate. While this shift has spelled imminent doom for the U.S. Postal Service, it’s been a boon to marketers.
For the second consecutive year, consumers in the upper Midwest lead the nation with the highest credit scores.
You’ve shored up your fraud defenses when it comes to screening new members, but no product or process is 100 percent “fraud-proof.”
The $44 billion Navy Federal Credit Union has been ranked by Experian as the 20th largest used vehicle lender in the country by market share.
First-party fraud–accessing credit services with no intention of repayment–is a significant concern for credit unions and other financial institutions. And its prevention calls for a new strategy, according to Costa Mesa, Calif.-based credit reporting agency Experian.
Experian reports that businesses with one to four employees had the greatest shift in percentage of dollars considered severely delinquent.
Card delinquencies down in major Texas, Ohio markets while mortgage delinquencies up in Portland, Phoenix, Baltimore, Seattle, New York and D.C.
Within the auto lending sector, a mixed bag of strong and weak outcomes was seen in the first quarter.
Experian/Oliver Wyman report finds "strategic default" still option for many holders of underwater mortgages.
Whether you call it business intelligence or just being customer-savvy, knowing more about each customer at the moment of contact can pay dividends and prevent catastrophe. For financial services companies, the stakes can be much higher than a lost pastry sale.