About Samantha Haugh

Website: http://www.experian.com/redefined

Profile:



Posts by Samantha Haugh

The Benefits of Knowing A Consumer’s Ability To Pay

Posted on Apr 25 2012 by

Income InsightSM and Income Insight W2SM, Experian’s income estimation models, were developed primarily to assist credit card lenders in assessing a consumer’s ability to pay to minimize the likelihood of extending credit beyond what the consumer can repay. However, as mentioned in a recent USA Today article, many other types of clients besides credit card lenders have found uses for income estimation models.

Share

Opportunities Within The Underbanked Market

Posted on Apr 25 2012 by

The underbanked, or unbanked, market represents nearly 64 million U.S. consumers who have limited or no traditional credit history. What does this mean for consumers and what are the potential opportunities in the financial services market?  Approximately 25 percent of the population could benefit from a wide range of financial products and services.

The dramatic transformation of the financial services industry requires new advances and innovation in credit strategies to respond to the growing number of underbanked customers who need to be served. At the core of these changes are real people who need financial options to manage their lives and who are critical to getting this nation back on track. Quality products and services are the key to your prospective customers’ future, enabling providers to profit while actively contributing toward improving people’s lives.

Share