To provide consumers with clear-cut protections against disturbance by debt collectors, the Consumer Financial Protection Bureau (CFPB) issued a Notice of Proposed Rulemaking (NPRM)...
It’s been over 10 years since the start of the Great Recession. However, its widespread effects are still felt today. While the country has rebounded in many...
What is CECL? CECL (Current Expected Credit Loss) is a new credit loss model, to be leveraged by financial institutions, that estimates the expected...
Consumer credit trends are continuously changing, making it imperative to keep up with the latest developments in originations, delinquencies on mortgages, credit cards and...
Millions of consumers lack credit history and/or have difficulty obtaining credit from mainstream financial institutions. To ease access to credit for “invisible” and below...
2019 is here — with new technology, new regulations and new opportunities on the docket. What does that mean for the financial services space?...
With credit card openings and usage increasing, now is the time to make sure your financial institution is optimizing its credit card portfolio. Here...
Millennials have been accused of “killing” a lot of things. From napkins and fabric softener to cable and golf, the generation which makes up...
The average number of retail trades per consumer has been trending down since 2007. But the average consumer retail debt is trending up, roughly...
Credit card balances grew to $786.6 billion at the end of 2017, a 6.7% increase to the previous year and the largest outstanding balance...
Are you ready to launch a new product to capture the revenue growth opportunities in today’s market? The competition is heating up for new...
Our 8th annual State of Credit report shows that consumer credit scores and signs of economic recovery continue on an upward trend, coming close...
Auto originations continue to increase — particularly within prime categories. According to Experian’s latest State of the Automotive Finance Market report: Prime consumers grabbed...
There’s no shortage of headlines alluding to a student loan crisis. But is there a crisis brewing or is this just a headline grab?...
The economic expansion just passed the eight-year mark, and consumer credit defaults across mortgages, bankcards and auto loans are at pre–financial crisis levels. More...