In this report, Experian® data scientists and analysts take a deep look at one of the most popular lending products in the industry, the unsecured personal loan. Our team offers key insights into the consumer credit landscape and analyze trends on this emerging and important industry segment using historical data from August 2018 to December 2022.

The coronavirus pandemic has dramatically impacted consumers and businesses alike, but the beginning of the end is here. After over a year fraught with caution and closures, the U.S. economy is embarking on the journey to recovery and the post-pandemic world is emerging.

In this report, we track key economic indicators to examine the pace of recovery from the COVID-19 recession and analyze the impacts on the credit market in both the immediate and short-term future. We also examine the aggregate impact of payment assistance programs, describe five key types of fraud we’re watching and advise how to protect against them, and evaluate the growing value of tools, including AI/ML, alternative data, and employment verification.

As the path to recovery begins to unfold, identifying the insights necessary to navigate the post-pandemic world with confidence will be critical for financial institutions. In this webinar, we discuss the current economic outlook and holistic overview of topics that businesses of all sizes should consider.

In this 15-minute session, Analytics Consultant Emily Garrett will walk through some examples on how alternative data can make a big impact in your business, including how to:

• Make more accurate commercial credit decisions
• Underwrite traditionally difficult small businesses with the help of alternative data