Credit Cornerstone

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Auto lending market remains strong...

According to the Q2 2013 Experian Automotive State of the Automotive Finance Market report, vehicle repossessions reached their lowest rate in seven years, with...

Read More Auto lending market remains strong
Refinancing activity slows down mortgage originations...

The $478 billion in Q2 2013 mortgage originations is a 10 percent increase over a year ago ($436 billion) but a 7 percent decrease...

Read More Refinancing activity slows down mortgage originations
Average bankcard balance shows slight decrease...

The average bankcard balance per consumer in Q2 2013 was $3,831, a 1.3 percent decline from the previous year. Consumers in the VantageScoreĀ® near...

Read More Average bankcard balance shows slight decrease
Defaults hit post-recession lows...

The June release of the S&P/Experian Consumer Credit Default Indices showed default rates continued to fall across all categories. The national composite* and the...

Read More Defaults hit post-recession lows
Alaskans use more of their available credit than any o...

Using data from IntelliViewSM, Credit.com recently compiled a list of states with the highest average bankcard utilization rates. Alaska took first place, with an...

Read More Alaskans use more of their available credit than any other state
Fraud prevention is key to improving eligibility verif...

A recent survey of government benefit agencies shows an increased need for fraud detection technology to prevent eligibility fraud. Only 26 percent of respondents...

Read More Fraud prevention is key to improving eligibility verification
Credit quality improves markedly in the first quarter...

Small-business credit conditions improved in Q1 2013, reversing much of the deterioration seen during Q4 2012. The Q1 rise was fueled primarily by falling...

Read More Credit quality improves markedly in the first quarter
Originations are up while delinquency levels reach nea...

A recent Experian credit trends analysis of new mortgages and bankcards from Q1 2013 shows a 16 percent year-over-year increase in mortgage origination volume...

Read More Originations are up while delinquency levels reach near-record lows
Strategic defaulters not likely to obtain a mortgage i...

Despite the improving real-estate market, financial institutions are concerned about lending to consumers who have pursued strategic defaults. In a recent VantageScore Solutions survey,...

Read More Strategic defaulters not likely to obtain a mortgage in the near future
Study finds notable differences in credit characterist...

A recent study comparing financial differences between men and women found that, overall, women are better at managing money and debt. Differences between the...

Read More Study finds notable differences in credit characteristics of men and women
Small business loans – a new lending landscape...

Financial institutions are revisiting their policies and thresholds for lending to small businesses and are slowly loosening restrictions. In a recent survey by the...

Read More Small business loans – a new lending landscape
Mortgage originations continue to increase...

Providing more evidence of a housing recovery, Q1 2013 mortgage originations increased 16 percent year over year to $471 billion. The Midwest region delivered...

Read More Mortgage originations continue to increase
Big expenditures are the most common reason for checki...

A recent survey that polled Americans on credit scores found that while nearly half of respondents (49 percent) check their credit scores at least...

Read More Big expenditures are the most common reason for checking credit score
Study analyzes profiles of consumers with high credit ...

VantageScore Solutionsā€™ analysts recently examined how many accounts consumers with prime credit scores typically have in their credit file. Consumers who generally qualify for...

Read More Study analyzes profiles of consumers with high credit scores
Hybrid buyers care for the environment and their credi...

A recent analysis by Experian Automotive found that, overall, consumers purchasing a hybrid have significantly higher credit scores than those purchasing another type of...

Read More Hybrid buyers care for the environment and their credit