ABS car loans rebounding to pre-recession levels

Dec 17, 2019 Walt Wojciechowski

After a substantial decline during the recession, the automotive sector has bounced back the past couple years, with consumer credit reports revealing that car sales and auto loans are climbing.According to a recent article by Reuters, asset-based


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Alternative Data as a Means for Making Credit Decisions

Oct 25, 2019 MicroBilt News

Alternative Data as a Means for Making Credit Decisions

A 2017 report from the Consumer Financial Protection Bureau (CFPB) maintains that an estimated 44 million Americans have little to no credit profile.  This lack of credit can make it impossible for consumers like this to gain access to traditional credit opportunities.


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Credit risk management in the modern era

Jan 14, 2019 Walt Wojciechowski

As economic conditions remain turbulent in the United States, enterprise decision makers have had to pay especially close attention to credit risk management. Consumer and corporate credit scores have fluctuated erratically throughout the years


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Will consumers keep spending when funds are down in 2013?

Jan 10, 2019 Walt Wojciechowski

Will consumers keep spending when funds are down in 2013?

Reports from sources including Reuters and The Associated Press regarding this year's 2 percent payroll tax increase have the credit industry wondering if consumers will continue to buy with less money in their pockets.Speculated sales trends


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UK government extends FLS, pins hopes on alternative financiers

Jan 10, 2019 Simon Williams

Last summer, the Bank of England launched the Funding for Lending Scheme (FLS), which offered financial institutions cheap credit for providing funding to businesses and households. While mortgage lending has reported some gains from the FLS,


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