Credit and lending risk

Making credit risk decisions has never been more difficult for businesses if they don’t know where to find the right information. Since the spring of 2018, Equifax, TransUnion and Experian have fully discontinued offering liens and judgments data on U.S. consumers. This change occurred as part of the implementation of the National Consumer Assistance Plan, which is the result of a 2015 settlement between these three credit bureaus and 38 states. The lack of liens and judgments intelligence creates a significant decisioning disadvantage for lenders and creditors trying to accurately assess consumer creditworthiness. Often, a lien or judgment can be an early indicator of an applicant’s diminished creditworthiness or other derogatory events, and can help alert lenders to carefully investigate an applicant’s potential credit risk. When liens and judgments information is no longer available, it leaves lenders with an incomplete picture of consumer risk that may expose businesses to costly losses.

Complete your profile to continue reading and get FREE access to, part of your ALM digital membership.

Your access to unlimited content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including and

Already have an account?

Dig Deeper


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2023 ALM Global, LLC. All Rights Reserved.