Case Study
Case Study
Published October 18, 2019
Credit Unions Credit & Economic TrendsWashington State Employees Credit Union (WSECU) leveraged Experian's Advanced Prequalification solution to provide members with instant credit decisioning through their online banking platform. Within three months of implementing a digital prequalification process, the member-powered credit union's loan and credit applications increased by 25%.
Discover how Advanced Prequalification helped WSECU in this case study.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Your free Experian resource is now available. Enjoy!
As published on the Business Information blog, Experian's latest Commercial Pulse Report highlights how risk profiles vary significantly by industry and business age.
🔹 New businesses in sectors like Construction and Food Services face higher delinquency rates, signaling elevated credit risks.
🔹 Meanwhile, industries like Retail and Healthcare maintain stable performance, regardless of business maturity—offering balanced opportunities for lenders.
Understanding these dynamics is critical for tailoring lending strategies, mitigating risk, and supporting business growth across industries.
Check out the full report to see how these trends could impact your strategy!
This report provides an in-depth analysis of the credit card landscape, offering key insights to help your business tackle today’s challenges and uncover opportunities for growth.
Key insights:
Watch the recording of the Quarterly Business Credit Review webinar, where Experian shared and discussed critical insights from the latest Main Street Report.
Visit our Commercial Insights Hub for more economic insights and reports on small business.