Consumers choosing longer automotive loans

Posted on Sep 04 2015 by

According to the latest State of the Automotive Finance Market report, consumers are continuing to extend loan terms as a way to keep payments low.

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Leveraging the full potential of data

Posted on Aug 28 2015 by

A recent Experian study on data insights found that 83% of chief information officers see data as a valuable asset that is not being fully exploited within their organization, resulting in the need for more organizations to appoint a dedicated chief data officer (CDO).

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Auto-loan delinquencies stay on track

Posted on Aug 20 2015 by

While auto delinquencies declined slightly year over year (3.01% for accounts 30 days past due or greater in Q2 2015 versus 3.03% a year earlier), it is interesting to note the variance in delinquency by lender channel.

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Mortgage originations continue to increase

Posted on Aug 17 2015 by

According to the latest Experian-Oliver Wyman Market Intelligence Report, mortgage originations for Q2 2015 increased 56% over Q2 2014 — $547 billion versus $350 billion.

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Digitally savvy generation may not be so credit savvy

Posted on Aug 10 2015 by

According to a recent Experian analysis, millennials (ages 19–34) are now the largest segment of the U.S. population and are also the least credit savvy group.

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Newly scored population can be highly credit worthy

Posted on Jul 24 2015 by

According to VantageScore® Solutions’ annual validation study, VantageScore 3.0 scores 36 million incremental consumers considered unscoreable by conventional credit scoring models.

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Mortgage originations increase year over year

Posted on Jul 17 2015 by

According to the latest Experian-Oliver Wyman Market Intelligence Report, mortgage originations increased 25% year over year in Q1 2015 to $316 billion.

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Survey reveals travel spending behavior

Posted on Jul 10 2015 by

According to a recent Experian survey, 68% of vacationers spend more money than expected when traveling, often relying on credit cards to make up the difference. Millennials rank even higher when it comes to risky vacation spending. One-third report they have not been saving up in advance of vacation, 72% say they spend more than […]

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Identity theft strikes anywhere, even on vacation

Posted on Jul 02 2015 by

A recent Experian survey found that while consumers are getting better about protecting their information on a regular basis, many do not take the same precautions when traveling. According to the survey, 1 in 5 consumers has had an item with sensitive information lost or stolen while traveling, and 39% have experienced identity theft while […]

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Small-business start-ups decline

Posted on Jun 26 2015 by

While an influx of small businesses opened during the height of the recession, a recent Experian study found that between 2010 and 2014, small-business start-ups decreased by nearly 45%.

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