Credit & Risk
Trended attributes can provide significant lift in the development of segmentation strategies and custom models are used effectively across the life cycle.
In helping lenders with new product launches, there are common areas of focus and specific steps to move from initial business case to tactical planning.
Once a scorecard has been redeveloped, it is important to measure the impact of changes within the strategy by replacing the old model with the new one. This impact assessment can be completed with a swap set analysis.
Reject inference design is used to classify the performance outcome of prospective customers within the declined or nonbooked population so this population’s performance reflects its performance had it been booked.
Holiday spend for 2017 was healthy, translating into big business for credit card portfolios. But how do card companies keep the business in 2018?
The U.S. Senate Banking Committee passed a financial regulatory relief bill recently, which will impact credit reporting in the new year. Learn what changes are to come.
The phrase swap set refers to “swapping out” a set of customer accounts and replacing them with, or “swapping in,” a set of good customer accounts.
Vince Passione, founder and CEO of LendKey, comments on the state of student lending and how the space is evolving for both consumers and lenders.
Underwriting a sizeable loan can take weeks with the task of collecting income and asset documents to analyze and verify. Understand how verification solutions are easing the pains in the complex mortgage process.
With so much data being generated by our social media obsession, should lenders consider social media insights to assess credit risk?
Our national survey found that consumers struggle to find a credit card that meets their needs. They say there are too many options and it’s too time-consuming to research. Here's what they want:
Student loan crisis? Here's what the data from the past four years says...
The economic expansion just passed the eight-year mark, and consumer credit defaults across mortgages, bankcards and auto loans are at pre–financial crisis levels
Student loan debt — outstanding debt grew 21 percent since 2013 to reach a high of $1.49 trillion in the fourth quarter of 2016.
Mandatory updates to data reporting and collections procedures have been announced and implemented. Have you made the required changes?