The strongest growth in new bankcard accounts is occurring in the near-prime and subprime segments of VantageScore® credit score C, D and F. Year-over-year (Q1 2011 over Q1 2010) growth rates of 20 percent, 46 percent and 53 percent were observed for each of the respective tiers.
Listen to our recent webinar featuring bankcard credit trends
Source: Experian-Oliver Wyman Market Intelligence Reports
Explore how Experian Verify Hub is simplifying income and employment verification as Sophia Cheung shares insights on reducing complexity, improving data access, and helping organizations make faster, more confident decisions.
Discover how Union Credit and Experian help credit unions reach younger consumers through personalized digital lending experiences.
Explore how Experian Verify™ and Mezzo’s Centro orchestration engine are helping mortgage lenders modernize income and employment verification, reduce workflow complexity, and make faster, more confident lending decisions at scale.