Consumer debt could continue to rise

Dec 21, 2018 Philip Burgess

Americans kept debt collection agencies plenty busy in 2012, and that trend may very well continue in the new year.A recent survey by Personal Financial Wellness Scale revealed that more than three-quarters of people nationwide are in danger


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How are Americans doing financially?

Dec 19, 2018 Walt Wojciechowski

How are Americans doing financially?

Americans are better off today than they have been in several years.


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Survey: Bank lending expected to grow in coming months

Dec 12, 2018 Philip Burgess

A rebounding jobs and housing market may have spurred Americans to accumulate more credit over the past few months, and a recent PRMIA and FICO survey indicated that the new year could consist of more of the same. According to Andrew Jennings,


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Can audience segmentation enhance your credit risk management efforts?

Dec 12, 2018 Walt Wojciechowski

Can audience segmentation enhance your credit risk management efforts?

Professionals often regard audience segmentation as a resource for marketers alone, but credit risk management experts often find value in distinguishing customers' behaviors and values.If analysts identify audiences that are more likely to


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Alternative credit scores are proving to be useful to new lenders

Dec 12, 2018 Walt Wojciechowski

Alternative credit scores are proving to be useful to new lenders

Many Americans are ignored by traditional credit rating systems, which only take into account certain factors that do not apply to everyone. For example, FICO's scores focus primarily on big ticket items like mortgage payments, auto loans and


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