It’s been nearly a year since the economic impact from COVID-19 first began, and while we saw the industry tighten
credit standards significantly – including increases in score cutoffs and other actions to add more caution to
underwriting decisions – it’s becoming more refined.
Explore the origination trends below for insight into how your consumers may be eager to act as 2021 continues.
In this Economic Scenarios report, Experian’s Chief Economist, Mohammed Chaudhri, lays out his mid-year forecasts for the path of the U.S. economy. The report delivers in-depth analysis on economic scenarios and how COVID-19 and other trends could impact our growth trajectory.
Download now to get the latest insight as of Q2 2021 on:
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.
Dive into this report for an in-depth analysis on COVID-19 economic scenarios as of March 2021 and what they mean for potential trajectories of the economy – with all-new data for Q1.
The report, featuring key insights from Mohammed Chaudhri, Experian Chief Economist, provides a deep dive on:
Click the button below to download the report.
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