Market Trends

Loading...
Most “unscoreable” consumers are not subpr...

The average unscoreable consumer has a good job and a better-than-adequate credit profile. Sixty-one percent of unscoreable consumers hold professional level or skilled labor...

Read More Most “unscoreable” consumers are not subprime
Almost half of consumers want to improve credit scores...

According to a recent survey that asked Americans about their understanding of credit scores 83 percent have checked their credit scores and nearly half...

Read More Almost half of consumers want to improve credit scores
Most consumers see score improvement...

Roughly 70 percent of credit scores change by up to 20 points in any given 90-day window. Most consumers experience a score improvement rather...

Read More Most consumers see score improvement
First mortgage default rate drives increase in nationa...

The December release of the S&P/Experian Consumer Credit Default Indices, a comprehensive measure of changes in consumer credit defaults, showed the national composite* increased...

Read More First mortgage default rate drives increase in national credit default rate
Two-thirds of the national population has one or more ...

Bankcard originations have continued to increase, with Q3 2012 originations increasing 32 percent over Q3 2011. On average, 66 percent of the population now...

Read More Two-thirds of the national population has one or more bankcards
Northeastern states dominate top 10 list...

To learn the status of Americans' current credit card spending, Credit.com recently compiled a list of the states with the highest average bankcard balance...

Read More Northeastern states dominate top 10 list
Investing in customer-centric strategies yields improv...

Returns on investment from superior customer-centric strategies easily can exceed 20 percent in the first year of implementation. However, this number is compounded exponentially...

Read More Investing in customer-centric strategies yields improved ROI
Turkey production grows by 2 percent in 2012 compared ...

Six states are the top producers of turkeys: Minnesota at 46 million, North Carolina at 36 million, Arkansas at 29 million, Missouri at 17.5...

Read More Turkey production grows by 2 percent in 2012 compared with 2011
Validating a model used with overlay criteria...

When validating a model in the presence of overlay criteria, it is important to remember that any metrics computed at the aggregate portfolio level...

Read More Validating a model used with overlay criteria
Retail card balances vary by credit score tier...

As of Q2 2012, subprime borrowers are carrying the largest retail card balances, with an average card balance per account of $620 and $700...

Read More Retail card balances vary by credit score tier
Investing in customer-centric strategies yields improv...

Returns on investment from superior customer-centric strategies easily can exceed 20 percent in the first year of implementation. However, this number is compounded exponentially...

Read More Investing in customer-centric strategies yields improved ROI
HELOC delinquency rate falls below 1 percent...

During Q2 of 2012, home equity line of credit (HELOC) delinquency rates were the lowest in recent years. The delinquency rate fell below 1...

Read More HELOC delinquency rate falls below 1 percent
Bankcard utilization rates declining, but still high f...

Not surprisingly, bankcard utilization is the highest among subprime consumers with VantageScore D and F tiers having average bankcard utilization rates of 68% and...

Read More Bankcard utilization rates declining, but still high for subprime
Bankcard and mortgage default rates hit new lows...

The August 2012 edition of the S&P/Experian Consumer Credit Default Indices showed that bankcard, first-mortgage and second-mortgage default rates hit new post recession lows....

Read More Bankcard and mortgage default rates hit new lows
Study ranks cities with the highest credit scores...

In Experian’s recent State of Credit study which analyzes credit scores in more than 100 cities, Minneapolis took the number one spot, with an...

Read More Study ranks cities with the highest credit scores