The sharks are circling as banks eye boosting their share of car loans. Get the story in this preview from next week's print edition.
Experian said it has partnered with an electronic rental collections company to help expand the ability for renters to build their credit history.
The deadline for meeting the new authentication requirements is now and examinations with the new guideline are getting under way.
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.
Personal financial management specialist MoneyDesktop has acquired another PFM provider, Indiana-based MyJibe, the companies said.
MoneyDesktop, a Provo, Utah-based provider of personal financial management solutions primarily to credit unions,has acquired MyJibe, an Indiana-based PFM specialist.
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.
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.