Heartbleed: Is your organization prepared?

Posted on May 01 2014 by

The security world was taken by surprise earlier this month when researchers discovered Heartbleed, a new large-scale threat that exploits a security vulnerability in OpenSSL.

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The majority of Millennials have used a cosigner in the past

Posted on Apr 24 2014 by

A recent survey focusing on the credit behavior of Millennials (age group 18 to 30) shows that 90 percent are familiar with cosigning and two-thirds have used a cosigner in the past.

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New card limits increase only for top credit tiers

Posted on Apr 17 2014 by

Bankcard originations had a 32 percent year-over-year increase in Q4 2013 ($61 billion to $81 billion).

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Lender survey shows concern over consumer understanding of credit scores and reason codes

Posted on Apr 11 2014 by

In an effort to understand consumer needs better and help lenders educate their customers, VantageScore® Solutions surveyed more than 200 lenders nationwide on the topic of score reason codes.

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Financing becomes more available for nonprime credit tiers

Posted on Apr 07 2014 by

Auto financing became easier to obtain in Q4 2013 and the market share for new vehicle loans in the nonprime, subprime and deep-subprime credit tiers increased slightly to 34.1 percent of all new loans, up from 32.8 percent in Q4 2012.

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Annual study analyzes e-mail marketing trends

Posted on Mar 27 2014 by

According to Experian Marketing Services’ annual Email Market Study, personalized promotional emails have 29 percent higher unique open rates and 41 percent higher unique click
rates than nonpersonalized mailings.

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Leasing grows in popularity as lenders ease credit standards

Posted on Mar 20 2014 by

The most recent Experian State of the Automotive Finance Market report shows more consumers are leasing vehicles. Leases accounted for 28.4 percent of all new vehicles financed in Q4
2013 – the highest level on record since 2006.

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Eastern states continue to pay late

Posted on Mar 13 2014 by

While access to small-business credit is improving and credit balances are increasing, key differences still remain across the United States.

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Does your risk model stand up against the test of time?

Posted on Mar 06 2014 by

Using a risk model based on older data can result in reduced predictive power.

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Auto lending continues growth trend

Posted on Feb 27 2014 by

Findings from the most recent Experian State of the Automotive Finance Market report show outstanding automotive loan balances increased 11 percent from Q4 2012, reaching $798.5
billion in Q4 2013 — the highest level since 2007.

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