Alternative credit scoring has become mainstream — and for good reasons. These scoring models could help nearly 50 million consumers who don’t meet the...
Conventional credit scoring systems are based on models developed over six decades. As consumer behavior evolves, it’s important to seek newer, fresher sources of...
According to Experian’s State of the Automotive Finance Market Report: Q2 2022, the average new vehicle interest loan rate for consumers with a credit...
It’s one thing to make a corporate commitment to financial inclusion, but quite another to set specific goals and measure outcomes. What goals should...
For decades, the credit scoring system has relied on traditional data that only examines existing credit captured on a credit report – such as...
Credit scores hold the key to many aspects of our financial lives. Whether qualifying for a mortgage, insurance, or a smartphone plan, financial institutions...
New challenges created by the COVID-19 pandemic have made it imperative for utility providers to adapt strategies and processes that preserve positive customer relationships....
There are more than 100 million people in the United States who don’t have a fair chance at access to credit. These people are...
A few months ago, I got a letter from the DMV reminding me that it was finally time to replace my driver’s license. I’ve...
The 1990s brought us a wealth of innovative technology, including the Blackberry, Windows 98, and Nintendo. As much as we loved those inventions, we...
Whether its new regulations and enforcement actions from the Consumer Financial Protection Bureau or emerging legislation in Congress, the public policy environment for consumer...
Whether it is an online marketplace lender offering to refinance the student loan debt of a recent college graduate or an online small-business lender...
Every portfolio has a set of delinquent customers who do not make their payments on time. Truth. Every lender wants to collect on those...
By: Teri Tassara In my blog last month, I covered the importance of using quality credit attributes to gain greater accuracy in risk models. ...
As a scoring manager, this question has always stumped me because there was never a clear answer. It simply meant less than prime –...