Thirty-day delinquencies decreased from 2.72% in Q4 2012 to 2.63% in Q4 2013. Outstanding auto loan balances increased 11% during same period.
“Households Without a Light-duty Vehicle” from University of Michigan's Transportation Research Institute says decrease in the last few years means motorization already peaked.
Utah entrepreneur says service will make it easier for small business owners to monitor their overall credit health.
Experian providing online tool to help SBA-backed businesses better manage their business relationships quickly and easily, according to Experian.
CreditExpert, Experian’sweb monitoring service, has reported “a massive surge” in the selling of stolen online log-in credentials involving British Internet users.
Experian said it has partnered with an electronic rental collections company to help expand the ability for renters to build their credit history.
The use of contact data is changing for credit unions. Today, financial institutions are using contact data to ensure that communications reach members and prospects, but, perhaps more importantly, those institutions are also leveraging contact information to better understand their members through database consolidation and a single member view.
As we emerge from turbulent economic times, the desire to return to sustained portfolio growth has been a clear trend in mature credit markets.
Experian says its Financial Stability Risk Score enables users to segment businesses into risk categories.
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.